Wave Digital Assets CEO David Siemer told Newsmax on Tuesday that cryptocurrency heists like the one involving North Korean agents recently accused of stealing nearly $1 million in crypto assets are “going to continue,” so people need to remain vigilant.

Federal prosecutors announced indictments this week against four North Korean agents who the FBI says used fake identities to get remote IT jobs in the United States. The suspects then allegedly exploited their company access to loot almost $1 million in digital currency from an Atlanta-based blockchain startup.

“It’s nothing new for our industry, and it’s actually nothing new for a lot of industries now,” Siemer said on “National Report.” “Remote work is here to stay. We’ve seen this a lot of times, where people thought they were hiring Americans and they turned out they were running servers through a proxy in Utah or something, and you end up hiring North Koreans.”

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