Nicole Perlroth
speaker
1,851 appearances
14 recordings
2 series
first heard Mar 2025
last heard 14 Jul
Nicole Perlroth’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jul 2026 with 2.
Appearances
But then two things happened.
First, a typo.
North Korea's hackers had actually misspelled the name of the account holder that their accomplice had set up at one of their accounts in Sri Lanka.
Instead of writing the Shalika Foundation, they wrote the Shalika Fan-dation, F-A-N, rather than F-O-U-N.
And second, the address for the bank in the Philippines was listed as Jupiter Street.
Now, there are hundreds of banks in Manila that North Korea's hackers could have chosen.
But by some bizarre twist of fate, they chose a bank with a branch on Jupiter Street.
And Jupiter, that text, was on the U.S.
's Treasury sanctions list because it matched an Iranian oil transport cargo shipping company, just by chance.
And so between the misspelling and the sanctioned name, the New York Fed began to look at all the transactions more deeply and say, wait a second, this is weird.
North Korea's hackers had been waiting up all night to see if they'd get the money, but at 4 a.m.
they called it quits.
But they should have held out a little longer, because just an hour later, at 5 a.m.
Bangladesh time, the New York Fed asked for a small clarification.
Hey, look, can you correct these?
Why is there a typo?
You have to give us some more information that basically says this is not the Jupiter of, you know, Iranian oil shipping company.
But unfortunately for North Korea, the hackers had logged out.
Had they waited, they could have made those corrections.
And ultimately, those transactions equated to almost $1 billion.
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