Feb 21 2021

Nigerian Instagram star helped North Korean hackers in $1.3B scheme

Category: Cybercrime,HackingDISC @ 12:05 am

Nigerian Instagram star conspired with North Korean hackers to steal more than $1.3 billion from companies and banks in the U.S. and other countries, federal prosecutors said.

Ramon Olorunwa Abbas, 37, also known as “Ray Hushpuppi,” is being accused of helping three North Korean computer hackers steal the funds from companies and banks, including one in Malta, in February 2019, according to the Justice Department.

“North Korea’s operatives, using keyboards rather than guns, stealing digital wallets of cryptocurrency instead of sacks of cash, are the world’s leading bank robbers,” Assistant Attorney General John Demers of the Justice Department’s National Security Division said in a statement on Feb. 17.

Tags: Hushpuppi, Nigerian prince, North Korean hackers