The person at the center of this case
Multiple financial institutions, cryptocurrency exchanges, and companies worldwide
Justice for Multiple financial institutions, cryptocurrency exchanges, and companies worldwide — the trail went cold in 2020, but the truth hasn't.
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What is Jon Chang Hyok's current location and is he still operating from North Korea or has he relocated?
What specific malicious cryptocurrency applications did Jon develop and disseminate, and which exchanges were targeted?
Who are the other members of the Lazarus Group and APT38 conspiracy that worked directly with Jon?
Jon Chang Hyok is a North Korean state-sponsored hacker allegedly involved in a wide-ranging criminal conspiracy responsible for some of the costliest computer intrusions in history, targeting financial institutions and cryptocurrency exchanges. A federal arrest warrant was issued on December 8, 2020, charging him with conspiracy to commit wire fraud, bank fraud, and computer intrusions as part of the Lazarus Group and APT38 operations. He remains at large, believed to be in North Korea, and investigators seek information about his whereabouts and potential accomplices in this ongoing cyber threat.
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What financial institutions suffered the greatest losses from these intrusions and what was the total value stolen?
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Official wording
Conspiracy to Commit Wire Fraud and Bank Fraud; Conspiracy to Commit Computer-Related Fraud (Computer Intrusion) Caution: Jon Chang Hyok is allegedly a state-sponsored North Korean hacker who is part of an alleged criminal conspiracy responsible for some of the costliest computer intrusions in history. These intrusions caused damage to computer systems of, and stole currency and virtual currency from, numerous victims.
Jon was alleged to be a participant in a wide-ranging criminal conspiracy undertaken by a group of hackers of the North Korean government’s Reconnaissance General Bureau (RGB). The conspiracy comprised North Korean hacking groups that some private cybersecurity researchers have labeled the “Lazarus Group” and Advanced Persistent Threat 38 (APT38).
For his part in the conspiracy, Jon is alleged to have been directly involved in the development and dissemination of malicious cryptocurrency applications targeting numerous cryptocurrency exchanges and other companies. On December 8, 2020, a federal arrest warrant was issued for Jon in the United States District Court, Central District of California, after he was charged with one count of conspiracy to commit wire fraud and bank fraud, and one count of conspiracy to commit computer fraud (computer intrusions).
Remarks: Jon is a North Korean citizen last known to be in North Korea. Jon has traveled to China in the past and has reported a date of birth in 1989.
Jon Chang Hyok was charged with one count of conspiracy to commit wire fraud and bank fraud, and one count of conspiracy to commit computer fraud in the United States District Court, Central District of California