North Korea has reportedly arrested a group of former state cyber operators and IT specialists accused of hacking two state banks and moving the stolen money through cryptocurrency. The account was reported by Daily NK and later highlighted by Cointelegraph.

According to the report, the case centers on people who once had ties to state cyber activity but are now accused of turning their skills against domestic financial targets. Investigators reportedly believe the group attacked two banks and then used crypto channels to help hide or transfer the proceeds.

The allegations stand out because they involve former insiders and state banks rather than foreign targets. If confirmed, the arrests would point to an internal cybercrime case with cryptocurrency playing a key role in the alleged laundering process.

Only limited details are available from the trimmed report, and no full public account of the investigation has been provided. Still, the case adds to wider scrutiny of how cyber operators and digital assets can intersect in bank hacking and money laundering schemes.