## North Korea's US Shell Companies Target Cryptocurrency A new report reveals North Korean hackers are establishing shell companies in the United States to target cryptocurrency developers and distribute malware. Cybersecurity firm Silent Push uncovered two such entities, Softgliede and Blocknovas, registered in New York and New Mexico. ## Fake Companies Linked to Lazarus Group Blocknovas' listed address was a vacant lot, and individuals on corporate documents are non-existent, indicating sophisticated deception. These operations are believed to be linked to the Lazarus Group, a notorious North Korean hacking organization. ## Fundraising Strategy Expands Reuters reports this activity is part of North Korea's ongoing fundraising strategy targeting the virtual currency industry. The establishment of US-based shell companies demonstrates the increasing scope and sophistication of these illicit activities, posing a significant threat to cryptocurrency security. ```