Skip to content
Back to Guavy Wire
Crypto

Jewelbug Hacker Group Conducts Parallel Espionage and Crypto Fraud

Instruments
MEW
Share

The Jewelbug hacker group has been carrying out espionage operations and cryptocurrency fraud in parallel. The group, also known as Earth Alux and REF7707, targeted government agencies and organizations in critical sectors such as defense, telecommunications, education, and aviation.

Researchers at Symantec found that the espionage campaign and the cryptocurrency fraud were conducted from the same control panel. Jewelbug gained write access to a shared webmail installation and inserted a malicious script into its common template. The script then ran on login pages and mailbox views across 15 tenants, exfiltrating webmail cookies and retrieving user email addresses.

The threat actor also uses the XG-Web remote-access and data-theft framework for managing campaigns and victim information. Jewelbug delivers Antino through malicious HTA files and fake Adobe Flash/Adobe installers, which then deploy additional payloads. One of these payloads is a browser extension called PDF Viewer that steals cookies and credentials.

Symantec traced Antino infections to Jewelbug's infrastructure and obtained visibility into the group's C2 management platform, database, server logs, source code, and operator files. The data showed that Jewelbug ran a large-scale espionage operation and 'an industrial-scale cryptocurrency fraud business.'

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc