North Korean Hackers Exploit Fake Zoom Meetings for Crypto Theft

Security Alliance has detected daily scams by North Korean hackers using fake Zoom calls to steal cryptocurrency via malware, resulting in an estimated $300 million loss.

This ongoing scam underlines the vulnerability in cryptocurrency security, demanding increased caution and robust cybersecurity measures, especially for Web3 and crypto employees.

North Korean Scams Leverage Fake Zoom Calls

Security Alliance and security expert Taylor Monahan have issued warnings about new scam attempts by North Korean hackers. The attackers use fake Zoom meetings orchestrated through Telegram to deploy malware, effectively targeting crypto users. This has reportedly resulted in the loss of more than $300 million.

While specific responses from regulatory bodies such as the SEC or CFTC have not been announced, experts like Monahan stress alertness among crypto professionals. Security teams recommend verifying the legitimacy of meeting invites, especially those proposing software downloads. In the crypto community, major figures have yet to comment publicly.

“This tactic has already siphoned over $300 million in assets from users.” – Taylor Monahan, BlockBeats summary via Binance

BlueNoroff Escalate Crypto Thefts: $300M Lost

Did you know? North Korean hacking group BlueNoroff has advanced its deceptive tactics since previous campaigns using deepfakes and fake job interviews. These persistent threats continue to evolve, adapting new tools to target cryptocurrency stakeholders.

As of December 15, 2025, Ethereum (ETH) stands at $3,120.20 per CoinMarketCap. Despite a minor 24-hour decline of 0.17%, its seven-day performance improved by 0.50%. Over 30 days, Ethereum decreased by 2.00%, while seeing significant downturns of 22.55% and 30.93% over 60 and 90 days, respectively.

Coincu insights highlight the financial vulnerability prevalent in Web3 platforms amid such attacks. Regulatory gaps permit ongoing threats and emphasize a need for robust cybersecurity frameworks in the industry. This climate of increasing digital asset theft underscores the pivotal role of operational security enhancements.