How North Korea appears to be funding nukes through cryptocurrency cyberattacks

KOREA NOW

| 2022-01-16 09:00:04


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Even as North Korea’s missile tests and hostile rhetoric make headlines, there’s been a quieter threat rumbling beneath the surface in the form of North Korean hackers. 2021 was apparently “a banner year” for the North’s cybercriminals, according to a report by Chainalysis. It says North Korea was behind “at least seven attacks on cryptocurrency platforms that extracted nearly $400 million worth of digital assets last year.” And that would be enough to pay for a sizeable chunk of the Pyongyang’s annual defense budget!

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