UN: Hacks of Banks and Crypto Exchanges Brought $ 2 Billion to North Korea
North Korea has raised about $ 2 billion from hacking of cryptocurrency exchanges and banks in order to finance its nuclear program, writes Reuters, citing a confidential UN report..
According to the report, Pyongyang used «large-scale and constantly improving» cyberattacks to steal funds that are then launched to create weapons of mass destruction.
«Cyberspace activists from the Democratic People's Republic of Korea, many of whom have followed direct orders from the Central Intelligence Bureau, are raising money for weapons of mass destruction programs. The total amount of funds appropriated by them to date is estimated at $ 2 billion», - says the report.
According to UN experts, attacks on cryptocurrency exchanges allowed North Korea «generate income in a way that makes it more difficult to track the movement of funds and is subject to less supervision by authorities and regulators compared to the traditional banking sector».
Last year, it was reported that North Korea could mine cryptocurrencies and even develop its own bitcoin exchange..
Similar articles
-
Cryptopia Resumes I / O Bitcoin, Litecoin and Dogecoin Hacked in January, Cryptopia has opened an opportunity...
-
European BitFlyer users will be able to fund their accounts with bank cards The European division of the licensed Japanese exchange BitFlyer in this...
-
Billionaire Michael Novogratz: Cryptocurrencies – biggest bubble of our time Former CEO of Fortress Investment Group sets out to create $ 500 million...
-
Kraken and Poloniex will open trade in the Cosmos token American cryptocurrency exchange Kraken announced the addition of support for its own project token...
-
One of the largest market makers will provide liquidity on the DEX Serum High frequency trading company Jump Trading has become...
Комментариев нет:
Отправить комментарий