Estimated reading time: 0 minutes, 28 seconds

N. Korean Hackers Enjoy 'Banner Year' Of Crypto Crime: Report

North Korean hackers ripped off investment firms and exchanges for almost $400 million worth of cryptocurrency last year. So reports Wired.

north korean flag g0423904b2 640The figure, which was published by blockchain analysis company Chainalysis, represents a substantial spike in cryptocurrency crime and brings the five-year total of stolen digital assets to $1.5 billion. “That hoard of stolen cryptocurrency now contributes significantly to the coffers of Kim Jong-un’s totalitarian regime as it seeks to fund itself—and its weapons programs—despite the country’s heavily sanctioned, isolated, and ailing economy,” according to the article.

Read the full article from Wired

Read 4676 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.