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Criminal Law

Federal Prosecutors Charge Three North Korean Hackers for Conspiring to Steal More Than $1.3B

(CNN)Federal prosecutors charged three North Korean hackers with conspiring to steal more than $1.3 billion from banks and companies around the world, the Justice Department announced Wednesday.

In an indictment unsealed in California, authorities described a range of brazen operations carried out by the trio from 2014 to 2020, targeting high-profile movie studios and cryptocurrency traders with sophisticated technology that national security officials said underscored the country’s status as a leading cybercrime threat.
Members of a military intelligence agency, the three hackers are accused of carrying out the 2014 attack on Sony in retaliation for a movie that lampooned the North Korean leader, as well as a devastating hit on the central bank of Bangladesh in 2016, which netted the rogue nation some $81 million.

Read the source article at cnn.com

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