Under The Chokehold Of Sanctions, Pyongyang Finds Forex Trove In Crypto Theft

(MENAFN- Investor Brand Network) In March 2022, a senior software engineer based in Singapore received a job offer from a gaming company. This was a welcome relief, given the challenging circumstances at their current workplace, Sky Mavis, creators of the play-to-earn game Axie Infinity. The company had experienced a significant setback as the
value of its in-game cryptocurrency took a nosedive .

Upon completing the job application process, the engineer eagerly opened the PDF containing the salary details, only to discover that the job offer was fraudulent. The consequences were severe - North Korean hackers had successfully breached Sky Mavis's security, gaining access to the private keys essential for...

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