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FBI Reports North Korean Hackers Exploit Fake Video Calls in $400M Crypto Theft

November 13, 2026 • 31 minutes ago •

WASHINGTON: The FBI has revealed that North Korean hackers have orchestrated a staggering $400 million cryptocurrency heist using a sophisticated scheme involving fake video calls, impacting over 900 victims in the past 18 months.

The cybercriminals, identified as part of the notorious Lazarus Group, employed a tactic known as the FaceStealer scheme, which deceived individuals into believing they were engaging in legitimate video conversations. This revelation underscores the growing threat posed by state-sponsored cyber activities, particularly from North Korea, which has been linked to various high-profile cyberattacks.

This incident raises significant concerns regarding the security of digital assets and the vulnerabilities within the cryptocurrency market. As more individuals and institutions invest in digital currencies, the potential for such large-scale thefts could undermine public confidence and lead to stricter regulatory measures across the globe.

In response to this alarming trend, cybersecurity experts are urging enhanced protective measures for digital transactions and increased collaboration among international law enforcement agencies. The FBI continues to investigate the matter, aiming to track down the perpetrators and mitigate future risks associated with cryptocurrency theft.

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