South Korean authorities have broken up a Cambodia-based criminal syndicate that defrauded victims of more than $1.93 Billion Korean Won using the narrative of being associates of billionaire Elon Musk and offering interested investors a share of SpaceX.

North Korea has set a new records when it comes to crypto theft in 2025, stealing a total of billions through increasingly sophisticated cyber operations that underscore how deeply digital asset crime has become embedded in the regime’s state strategy.

A South Korean man’s attempt to secure a lighter punishment for laundering funds through cryptocurrency has backfired dramatically, with an appeals court overturning his suspended sentence and sending him to prison for four years.

A South Korean man who laundered money for a voice phishing gang using cryptocurrency has been sentenced to four years in prison after an appeal cancelled his suspended sentence. The court said he was a middle manager in the scam and previous offences meant a harsher punishment was needed.

This article reviews the crypto industry hacking incidents of 2025 and the "glorious achievements" of North Korean hackers in 2025.

From collapse to leap forward: The restart and next growth cycle of the South Korean crypto market.

North Korean hackers are using fake video calls and hijacked accounts to trick crypto users into installing malware. The attacks give them full control of devices, allowing them to steal crypto wallets and spread the scam through trusted contacts.

Circle, a stablecoin, is poised to take over South Korea's payment system? A "stablecoin defense war" erupts in South Korea: banks and gaming giants join forces to defend the Korean won. Golden Finance reports that the traditional narrative of "de-dollarization" is being replayed in the blockchain world.

Just yesterday, Dunamu and Naver Financial announced their merger plans, and today Upbit's assets were stolen. This undoubtedly poses a challenge to their expansion plans, especially at a sensitive time when they are considering a Nasdaq IPO.

The U.S. Department of Justice has intensified its pursuit of North Korea’s state-backed hacking operations, launching a major forfeiture action against $15.1 million in stolen Tether (USDT) while simultaneously securing guilty pleas from five individuals who helped Pyongyang’s operatives embed themselves deep inside America’s corporate infrastructure.