Best Cryptocurrencies to Buy Now Following FBI’s Unveiling of North Korean Scams
May 21, 2025 — The cryptocurrency market is reeling after recent revelations by the FBI, which uncovered fraudulent startups allegedly operated by North Korea’s notorious Lazarus Group. These fake companies, including Blocknovas, Softglide, and Angeloper Agency, were found to have stolen over $1.3 billion in crypto by targeting unsuspecting developers and exploiting vulnerabilities in blockchain technology.
Major Hijackings
The Lazarus Group’s cyber operations have escalated dramatically, with the FBI describing 2024 as a pivotal year for the group. The reported 47 major thefts included a staggering $1.5 billion hijack from the Bybit exchange. These sophisticated scams utilize intricate methods, transitioning from basic malware attacks to establishing fake companies that infiltrate developer ecosystems, aiming to steal private keys.
The Scams Exposed
The FBI’s investigation revealed that the three fake startups employed various tactics to gain legitimacy. For example:
-
Blocknovas: This entity posted deceptive job opportunities meant to deliver malware, basing its fake headquarters on an empty lot in South Carolina.
-
Softglide: Registered with a Buffalo tax office address, this company faked legitimate operations.
-
Angeloper Agency: Operating without formal registration, this organization linked itself to multiple illegal activities.
These scams not only siphon funds but also provide essential financial support to North Korea’s sanctioned regime, which uses stolen cryptocurrency to fund its military and weapons programs.
Global Security Concerns
The fallout from these cybercriminal activities is amplifying geopolitical tensions. As North Korea forges deeper military alliances with Russia, particularly through reported troop movements in Ukraine, the upcoming G7 summit in June 2025 in Alberta, Canada, is set to prioritize discussions on countering the threat of crypto-enabled sanctions evasion. This summit aims to address the financial implications of these cyber crimes.
Prioritizing Security in Cryptocurrency Investments
Given the recent warnings from U.S. officials about the increasing complexity of cyber threats in the cryptocurrency sphere, investors are urged to prioritize security when choosing their investments. Key factors to consider include:
-
Audited Smart Contracts: Selecting projects that have undergone rigorous security audits helps reduce risks significantly.
-
Transparency and Leadership: Investing in cryptocurrencies with identifiable teams and detailed whitepapers enhances trust and confidence.
-
Community Engagement: Active community involvement often indicates a project’s stability and longevity.
-
Real-World Applications: Cryptocurrencies that serve practical purposes tend to have more robust long-term growth potential.
Dawgz AI: A Secure Investment Option
In the midst of the turmoil, Dawgz AI ($DAGZ) emerges as a promising investment opportunity for those looking for cryptocurrencies with strong security protocols in place. This Ethereum-based memecoin combines aspects of meme culture with innovative AI-driven trading algorithms, designed to maximize returns while minimizing investor effort.
Dawgz AI features:
-
Audited Smart Contracts: Independently verified by SolidProof to ensure security.
-
AI-Driven Trading Algorithms: Developed by financial experts to capitalize on market trends in real-time.
-
Community Engagement: 15% of the supply is dedicated to fostering a vibrant community through meme contests and campaigns.
-
Liquidity Support: Allocating tokens to liquidity pools to ensure smooth trading post-presale.
Currently, Dawgz AI has a total supply of 8.888 billion tokens, with 30% allocated for its presale, which has raised over $3.6 million, currently priced at $0.00438 per token.
Concluding Thoughts
As investors navigate a cryptocurrency landscape increasingly marked by fraud and cyber threats, securing investments is paramount. The FBI’s revelations about North Korean scams have placed a spotlight on the importance of due diligence in selecting cryptocurrencies. With its robust features and strong community backing, Dawgz AI appears to be positioned as a top contender for those asking, “Which crypto is best to invest in now?”
Investors are encouraged to conduct thorough research and consider security-oriented cryptocurrencies like Dawgz AI as part of a diversified portfolio moving into 2025. ### Frequently Asked Questions
-
Which crypto is best to invest in now?
- Dawgz AI ($DAGZ) could be a strong choice due to its audited smart contracts and innovative AI trading algorithms.
-
Which coin will grow 1000x?
- While no cryptocurrency guarantees exponential returns, $DAGZ demonstrates potential with its low entry price and strong community focus.
-
Which crypto under $1 will explode?
- Dawgz AI, priced at $0.00438, is considered a top candidate for significant growth potential in the near future.
-
Which coin will reach $1 in 2025?
- With sustained presale momentum and strategic exchange listings, $DAGZ may have a shot at reaching $1. As the cryptocurrency landscape continues to evolve, staying informed and prioritizing security will be essential for successful investing.