Individual Jailed For Bitcoin Espionage Tied To North Korea

A South Korean crypto exchange employee was sentenced to four years in prison for attempting to recruit a military officer to sell classified secrets to North Korea in exchange for Bitcoin, the Supreme Court ruled on December 28. 

The ruling also imposes a four-year ban on the employee from financial sector activities.

Court documents revealed that North Korean hackers paid the exchange staffer $487,000 in Bitcoin to recruit a 30-year-old army captain, who received $33,500 in Bitcoin in return, according to the South Korean media outlet Dailian.

The staffer approached the officer through a Telegram chat, offering cryptocurrency for access to sensitive military data.

The…

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