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Hackers Create Fake Corporate Entities in the US To Fool Crypto Developers and Spread Malware: Report

by Alex Richardson
April 27, 2025
in Scams, Hacks & Breaches

North Korean hackers are reportedly carrying out a widespread campaign in the US by creating sham corporate entities.

Lazarus, the notorious state-sponsored North Korean syndicate responsible for some of the biggest hacking operations in history, has managed to set up corporations in the states of New Mexico and New York, Reuters reports.

Researchers at the cybersecurity firm Silent Push say the companies, called Blocknovas LLC and Softglide LLC, were set up using fake personas and addresses.

The goal of the firms is to advertise fake jobs for crypto developers in an effort to infect job applicants’ wallets with malware once they respond.

Says Kasey Best, director of threat intelligence at Silent Push,

“This is a rare example of North Korean hackers actually managing to set up legal corporate entities in the U.S. in order to create corporate fronts used to attack unsuspecting job applicants…

These attacks utilize fake personas offering job interviews, which lead to sophisticated malware deployments in order to compromise the cryptocurrency wallets of developers, and they also target the developers’ passwords and credentials which could be used to further attacks on legitimate businesses.”

The FBI has not officially commented on the developments, but an official told Reuters that North Korean cyber operations are “perhaps one of the most advanced persistent threats” facing the US.

For now, the FBI has seized the domain of Blocknovas.

The Bureau’s warning reads,

“This domain has been seized by the Federal Bureau of Investigation in accordance with a seizure warrant issued by the United States District Court for the Northern District of Texas as part of a law enforcement action against North Korean Cyber Actors who utilized this domain to deceive individuals with fake job postings and distribute malware.

If you interacted with this site or submitted personal information, we recommend scanning your devices for malware and taking steps to protect your identity.”

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