Stolen cryptocurrency was used to fund North Korean weapons of mass destruction, according to a recent report.
What you need to know
North Korean hackers stole $400 million worth of cryptocurrency in 2021, according to Chainalysis.
Phishing lures, code exploits, malware, and other methods were used to extract the digital funds.
Revenue obtained through these attacks is used to fund North Korea`s weapons of mass destruction and ballistic missiles, according to the UN.
Last year was a record year for North Korean theft of cryptocurrency, according to a report by Chainalysis. The outlet claims that cybercriminals connected to the North Korean government stole $400 million worth of digital assets, including Ether, Bitcoin, and other cryptocurrencies. Investment firms were the primary victims of the attacks, which came in the form of phishing lures, code exploits, malware, and other methods.
According to Chainalysis, the Democratic People`s Republic of Korea (DPRK) laundered the f...
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