If you’re a cryptocurrency investor, you already have the right to be concerned about the market, growing regulations, and watching once trusted providers go belly up. According to cyber security experts, cryptocurrency investors around the world could be targeted by North Korea in the near future.
And It All Started in South Korea
Recently, cryptocurrency investors and exchanges in South Korea were the targets of malware attacks. Experts worry that the scam will move to other areas in the world if South Korea goes through on their idea to ban cryptocurrency trading. When South Korea announced its intention to ban cryptocurrency, police and tax authorities raided exchanges and accused them of tax evasion.
Justice Minister Park Sang-ki stated, “There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges.”
North Korean Hackers May Look Abroad to Scam Cryptocurrency Investors
According to the cyber security form Recorded Future, most of the North Korea’s malware attacks have targeted South Korea, but they will likely move on to target cryptocurrency investors around the world. It’s important for those interested in cryptocurrency stay on top of malware and other threats to minimize the chance of losing their investment.
