How North Korean Hackers are Using Fake Job Offers to Steal Cryptocurrency

They say looking for a new job is stressful—but imagine applying for your dream role, only to discover the recruiter is really a hacker in disguise. That’s the twisted game North Korean cybercriminals are playing, and they’re doing it with frightening precision.

A Reuters investigation reveals that North Korean hackers are flooding the cryptocurrency industry with fake job offers designed to trick applicants into downloading malicious software, handing over sensitive information, or unknowingly opening the door to theft. In some cases, applicants realized too late—after digital wallets were drained.


Here’s how it works:

Step one: A “recruiter” reaches out via LinkedIn or Telegram with a polished, crypto-related job pitch, often impersonating legitimate companies like Ripple, Bitwise, or Kraken.

Step two: The applicant is asked to complete a “skills test” or record a video using a shady platform or downloaded code.

Step three: Once the victim complies, malware is installed, or credentials are harvested—giving hackers direct access to their wallets or sensitive systems.


Who’s targeted?

Professionals across the crypto industry—coders, executives, product managers, and even consultants. The scam has become so common that experts say job seekers now routinely screen recruiters for signs of North Korean links.

Real-life examples abound. Carlos Yanez, a business development executive at Global Ledger, said he was targeted earlier this year but caught on before falling for the scam. Others weren’t so lucky: one U.S. product manager recorded a video “assessment” for a fake Ripple recruiter, only to lose $1,000 worth of ether and Solana from his wallet that same evening.


Why should you care?

Because this isn’t just a nuisance scam—it’s part of a $1.34 billion crypto theft campaign believed to be funding North Korea’s sanctioned weapons program. The FBI and United Nations have both warned about these schemes, which now span every corner of the crypto industry. If you work with digital assets, or even if you’re just casually investing, these attacks represent a direct threat to your finances and your data.


Here’s how to protect yourself:

  1. Verify recruiters independently—contact the company directly through its official site before engaging.
  2. Never download software or code from unknown links during an interview.
  3. Insist on known platforms like Zoom or Google Meet for video calls.
  4. Keep wallets separate—don’t store digital assets on the same device you use for interviews and job applications.
  5. Report suspicious activity to LinkedIn, Telegram, and law enforcement immediately.


Quick Tips:

  • Did you know? LinkedIn has already taken down many of these fake recruiter accounts, but they pop up again almost as quickly. Vigilance is key.
  • Pro Tip: If the “recruiter” pressures you to act fast or refuses to use secure, mainstream platforms, that’s your cue to walk away.


Stay safe, stay informed.


Keyword Definitions

  • Social Engineering: Psychological manipulation used by cybercriminals to trick people into giving up sensitive information or access.
  • Malware: Malicious software installed on a victim’s device to steal data, spy, or cause harm.
  • Phishing: Fraudulent attempts to obtain sensitive information, often through fake emails, websites, or messages.
  • Contagious Interview: The codename for a North Korean hacking campaign impersonating recruiters to target the crypto industry.
  • Digital Wallet: A software or hardware tool that stores cryptocurrency keys and allows users to access and spend their funds.

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