Blockchain research and development company headquartered in Atlanta, Georgia (IT worker theft) · March 2022
In March 2022, Kim Kwang Jin stole virtual currency worth approximately $740,000 at the time of theft by modifying the source code of two of his employer's smart contracts, then sending it to a virtual currency address he controlled.
Theft from Company 2, a blockchain research and development company headquartered in Atlanta, Georgia, by a remote developer · In 2022
In 2022, a blockchain research and development company (Company 2) headquartered in Atlanta, Georgia, told the FBI that virtual currency valued at over $700,000 had been stolen from Company 2. ... Chang Nam Il, a North Korean citizen, used the Bong Chee Shen persona and the identification card to open an account at that virtual currency exchange. [Case No. 1:25-cv-02555, U.S. District Court for the District of Columbia; filing: COMPLAINT against APPROXIMATELY 1,008,902.606307 USDT]
IT worker theft from Company-1, a blockchain research and development company headquartered in Atlanta, Georgia (funding pool smart contracts modified) · From on or about March 29 until on or about March 30, 2022 (employment since at least in or about December 2020)
From on or about March 29 until on or about March 30, 2022, defendant KIM KWANG JIN, without Company-1's knowledge or consent, fraudulently obtained approximately 4,074,960 ELIXIR tokens, 229,051 MATIC tokens, and 110,846 START (worth approximately $740,000 at the time of the theft) from the two Company-1 funding pools by transferring the virtual currency to a virtual currency address controlled by defendant KIM KWANG JIN. [Case No. 1:25-cr-00291, U.S. District Court for the Northern District of Georgia; filing: INDICTMENT with FORFEITURE PROVISION as to Kim Kwang Jin]