FBI Warns of North Korean Fake Video Call Tactics Following $400M Crypto Hack

The FBI issued a warning about North Korean hackers using fake video calls and impersonated accounts, a tactic dubbed the FaceStealer campaign, after roughly $400 million in cryptocurrency was stolen. The scammers replay recorded webcam footage to pose as trusted contacts and trick victims into sending funds. The alert follows a string of attributed North Korean crypto thefts that have made the regime a persistent drain on digital-asset holdings. Investigators point to social-engineering lures rather than smart-contract exploits as the primary attack vector in these cases. Market participants will watch whether exchanges and wallets tighten video-verification and out-of-band confirmation procedures for large transfers.