NATION-STATE

FaceStealer

How North Korea Turned Trusted Faces Into a $400 Million Crypto Heist Machine. The FBI says North Korean operators stole more than $400 million in cryptocurrency in 18 months by putting recorded and deepfake faces of trusted contacts on fake Zoom and Teams calls.

Matt Lucas  |  November 13, 2026  |  6 min
Editorial hero illustration
$400M+
Stolen via FaceStealer in 18 months
$1.2B+
Crypto seized and restrained by DoJ
18 months
Campaign window cited by the FBI
8
Aliases for the BlueNoroff cluster
TL;DR
  • What: The FBI attributed FaceStealer, a social engineering campaign that uses recorded and deepfake video of trusted contacts on fake Zoom and Teams calls, to North Korea-linked BlueNoroff.
  • Impact: More than $400 million in cryptocurrency was stolen in 18 months, and each compromised victim's accounts and recorded face were reused to attack their own contacts.
  • Fix / mitigation: The U.S. government seized the campaign's cloud infrastructure, and the DoJ seized and restrained more than $1.2 billion in crypto tied to the TraderTraitor Binance hack.
  • Who's at risk: Individuals in cryptocurrency, Web3 and open-source software maintenance, plus any organization whose staff take meetings booked through Telegram, LinkedIn, Slack or Discord.

Imagine getting a Telegram message from a colleague you have known for years. They want to talk about an investment opportunity. A Calendly invite follows. You join the Zoom call, and there they are on camera, along with a couple of other familiar faces. A few seconds in, a banner says nobody can hear you. You click the link to fix your audio. That click, according to the FBI, is how North Korean operators stole more than $400 million in cryptocurrency over the last 18 months.

The FBI has attributed the campaign, codenamed FaceStealer, to threat actors tied to the Democratic People's Republic of Korea. As part of a coordinated set of U.S. government actions announced on November 13, 2026, the cloud infrastructure behind the operation has been seized. In parallel, the Department of Justice announced the court-authorized seizure and restraint of more than $1.2 billion in cryptocurrency recently stolen by the North Korea-linked TraderTraitor actors following the hack of the Binance exchange. The DoJ says the proceeds fund Pyongyang's illicit weapons program.

A face you trust, recorded from the last victim

FaceStealer does not depend on a zero-day. It depends on trust, and it gets that trust from earlier victims. Lures come from stolen accounts. When a target joins the meeting, attackers play prerecorded webcam video of a previous victim the target knows, while also recording the new target's own video stream for later reuse. The DoJ says the operators also use what it calls super intelligence (SI) to make deepfake videos of well-known figures in the cryptocurrency and Web3 industries, and those fakes appear in meetings too. Headshots generated with OpenAI ChatGPT fill in as static avatars, so the call looks like it has several real participants.

"North Korean cyber actors have used the FaceStealer scheme to aggressively target individuals in the cryptocurrency and Web3 sectors through deceptive social engineering tactics," said FBI Cyber Branch Operations Director Brett Leatherman. Officials call the campaign "hard-to-detect," and that fits: every signal a target would normally check, from a known sender to a familiar face to a real calendar invite, is either genuine or recorded from something genuine.

The chain, step by step

JUMPSEC, which shared a detailed report with The Hacker News in July 2026, describes FaceStealer as a victim acquisition platform built on a phishing kit that imitates Zoom and Microsoft Teams. The chain runs like this:

Self-propagating by design

Every victim becomes the source for the next round: their accounts send the lures and their recorded face appears on the call. JUMPSEC says attackers hold Telegram, LinkedIn, Slack and Discord accounts for long periods, so one compromise exposes a person's whole personal and professional network.

Who is behind it

The activity is linked to BlueNoroff, a prolific, financially motivated North Korean cluster also tracked as APT38, CageyChameleon, CryptoCore, DangerousPassword, Nickel Gladstone, Sapphire Sleet, Stardust Chollima and UNC1069. Parts of FaceStealer overlap with the GhostCall campaign Kaspersky documented in October 2025. BlueNoroff targets people in cryptocurrency and Web3, as well as people who develop and maintain open-source software, because a developer's laptop and repository accounts are a way into software supply chain attacks. According to the source, FaceStealer was used against the maintainer of the popular Axios npm package.

The RedEye take

The seizure matters, but it should not reassure anyone. Losing infrastructure costs BlueNoroff some time. It does not take away the method, and the method is the real problem. FaceStealer shows that video, which security teams long treated as the safe fallback when email or chat seemed off, can be produced on demand from earlier victims. Plenty of organizations still tell staff to "jump on a call to confirm" before moving money or granting access. That advice now works for the attacker.

The open-source angle deserves more attention than the dollar total. A $400 million theft is a loss. A hijacked maintainer of a widely used npm package can turn into a downstream incident at thousands of companies that never heard of FaceStealer. When an individual developer gets socially engineered, the risk becomes enterprise risk, whether or not that developer is on anyone's payroll.

The tell is the fix, not the face

Everything in the meeting can look genuine. The one step that cannot be faked into legitimacy is the request to install an update or paste a command to fix the call. That moment is where training, policy and endpoint controls should focus.

What defenders should learn

The bottom line

FaceStealer is a nation-state operation that grows through human relationships instead of software vulnerabilities, and it has been effective enough to fund a weapons program. The infrastructure seizure and the $1.2 billion restraint are real wins. The playbook is still available, though, and it will come back under new domains. Organizations that adjust verification, account takeover response and supply chain visibility now will be in a better position when it does. Source: The Hacker News, Ravie Lakshmanan, November 13, 2026 (https://thehackernews.com/2026/11/fbi-says-north-korean-hackers-stole.html).

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