The U.S. Federal Bureau of Investigation has established that threat actors tied to the Democratic People's Republic of Korea have stolen more than $400 million worth of cryptocurrency through a social engineering scheme codenamed FaceStealer over the last 18 months.
As part of coordinated actions, the FBI seized the cloud-based infrastructure supporting the campaign. The Department of Justice also announced the seizure of more than $1.2 billion in cryptocurrency stolen by the related TraderTraitor actors following the compromise of the Binance exchange.
FaceStealer relies on surreptitiously recorded videos and deepfakes to build trust during video meetings. Targets receive invitations from compromised accounts of prior victims. Once in the call, attackers play prerecorded or deepfake footage while presenting a fake technical error that leads victims to execute ClickFix-style malware.
Attack Flow and Propagation
The operation begins with compromise of a victim to harvest wallets and hijack communication accounts such as Telegram. Attackers then impersonate the victim to schedule meetings via Calendly and send typosquatted links mimicking Zoom or Microsoft Teams.
- Recorded or deepfake videos create the illusion of multiple trusted participants.
- Headshot images generated with OpenAI ChatGPT serve as static avatars.
- Malware deployment grants access to devices and enables further propagation through the victim's contact list.
The activity is attributed to the North Korea-linked cluster BlueNoroff, also tracked as APT38, CryptoCore, and Stardust Chollima. The group has specifically targeted developers of popular open-source packages, including the maintainer of the Axios npm package, to distribute trojanized versions containing a cross-platform RAT.
Recent expansions incorporate generative AI from ChatGPT, Google, Grok, and Wondershare AIGC for lure content. The campaign has now identified 677 targets across 58 countries, with over 80 percent being founders and C-suite executives.


