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South Korean Crypto CEO & Soldier Sold Military Secrets To North Korea For Bitcoin
Military officer photographed and leaked military secrets through a burner phone due to the poor image quality on the hidden wristwatch camera purchased by the unnamed crypto executive.
Harshvardhan
11:32 28th Apr, 2022
Bitcoin

The Seoul Central District Prosecutor’s Office has indicted a local cryptocurrency investment firm executive and a military officer on active duty for violating the National Security Act by leaking military secrets to a North Korean hacker in exchange for Bitcoin and cryptocurrencies, according to the prosecutor’s investigation.

The military officer photographed and leaked military secrets through a burner phone due to the poor image quality on the hidden wristwatch camera purchased by the unnamed crypto executive, local media reported on Thursday.

The executive received US$600,000 worth of Bitcoin and cryptocurrencies from a North Korean hacker, whom the crypto investor met on Telegram six years ago, according to local media reports.

The military officer was introduced to the hacker in 2020 and received around 48 million KRW (US$37,780) in Bitcoin.

In January, the crypto executive was instructed by the hacker to purchase a hacking device using crypto received from North Korea, while the military officer shared log-in keys in a failed attempt to grant the hacker remote access to the Korean Joint Command and Control System, the South Korean military’s internal communications network.

The two have admitted the allegations, but the North Korean hacker remains unidentified.

This is the first known case of a South Korean military officer assisting in North Korean hack attempts through a social network.

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