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North Korea: Stolen $ 400 Million in Cryptocurrencies
It's one of the most productive years for Pyongyang, according to a new report by Chainalysis cryptocurrency agencies.
From 2020 to 2021, the number of cyber-attacks related to North Korea increased from four to seven, while the value of digital data stolen from these malicious attacks increased by 40%, according to a report released yesterday.
"Once the digital currencies became the property of North Korea, a careful process of money laundering began to cover the source and disburse them," the report added.
A team of UN experts monitoring international sanctions against North Korea has accused Pyongyang of using the money it steals to support its nuclear and ballistic missile development programs, bypassing sanctions. Source of this article: Reuters.
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