North Korean hackers have successfully stolen over $400 million in cryptocurrency through a scheme known as 'FaceStealer'. The operation has affected over 900 individuals primarily in the cryptocurrency and Web3 sectors.

The FaceStealer scheme employs sophisticated social engineering tactics, including AI-powered deepfake video calls. During these calls, hackers impersonate trusted contacts of their victims to gain their confidence.

The FBI has seized numerous webcam videos linked to the victims, highlighting the extensive reach of the operation. The stolen funds are reportedly being used to support North Korea's weapons development programs.

The scheme involves tricking victims into downloading malware by creating fake technical issues during the video calls. This tactic has been confirmed as a method of exploitation in the operation.

The FBI has disrupted the infrastructure used by the North Korean hackers.