How Hushpuppi Helped North Korean Hackers Steal $1.3B

How Hushpuppi Helped North Korean Hackers Steal $1.3B
Ray Hushpuppi
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Federal prosecutors in the US have explained how Nigerian Instagram star conspired with North Korean hackers to siphon more than $1.3 billion from companies and banks in the U.S. as well as other countries.

Instagram sensation Ramon Olorunwa Abbas, 37, popularly known as ‘Ray Hushpuppi,’ is being fingered in a scheme that helped three North Korean computer hackers steal an undisclosed amount of 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.

Read Also: Microsoft Seizes Web Domains Used By North Korean Hackers

Abbas — who has 2.5 million followers on Instagram, where he would post photos of his luxury cars — somehow found time for still more banking-related crimes, the feds say.

He worked with Ghaleb Alaumary, 37, a Canadian who was charged with laundering millions of dollars from ATMs in the U.S. and Pakistan and a bank in India, prosecutors say.

Last July, the Nigerian national was arrested in still another, separate case.

He was subsequently extradited from Dubai to the U.S. where he was charged with ‘laundering hundreds of millions of dollars from business email compromise (BEC) frauds and other scams, including schemes targeting a US law firm, a foreign bank, and an English Premier League soccer club,’ according to the Justice Department.

 

AFRICA DAILY NEWS, NEW YORK

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