In a disturbing development, North Korean hackers are leveraging deepfake technology to deceive cryptocurrency professionals during live Zoom calls. These sophisticated attacks have seen hackers steal over $300 million by manipulating trust and familiarity.
The modus operandi involves the use of compromised Telegram accounts to impersonate known contacts. Martin Kuchař, co-founder of BTC Prague, highlighted this alarming tactic, revealing that he was personally targeted through a hijacked Telegram account.
During these calls, attackers utilize deepfake AI to present as a trusted friend, remaining muted to create intrigue. This silence serves as a strategic lure, leading victims to install malware disguised as a fix for audio issues. The malicious software often turns out to be a Remote Access Trojan, granting hackers full control over the victim”s system.
Once access is secured, attackers gain visibility into all Telegram contacts. They can then exploit the compromised account to reach out to subsequent victims, perpetuating the cycle of deception. Kuchař urged crypto professionals to alert their networks and avoid joining any unverified Zoom or Teams calls.
Analysis from cybersecurity firm Huntress indicates that these attacks are linked to the North Korean state-sponsored group TA444, part of the infamous Lazarus Group. While these tactics are not new, the scale and sophistication of the current campaign highlight a significant threat to individuals deeply embedded in the cryptocurrency space, such as developers and exchange staff.
MetaMask security researcher Taylor Monahan has previously warned that attackers often analyze chat histories to build trust with their victims before executing their schemes. The targeted nature of these attacks underscores the vulnerabilities faced by individuals in the crypto ecosystem. For instance, a high-profile attack last September against a THORchain executive resulted in losses of approximately $1.3 million with no prompts for administrator approval during the theft of funds from a MetaMask wallet.
The ongoing threat of deepfake technology in cyberattacks further emphasizes the need for enhanced security measures within the cryptocurrency community. As these tactics evolve, vigilance and awareness remain critical in safeguarding against potential infiltration.











































