UN report reveals North Korea-linked cryptocurrency hacks worth $3 billion
According to a United Nations Security Council study, North Korea-linked cryptocurrency hacks amounted to $3 billion between 2017 and 2023. The report revealed that a UN Security Council panel is investigating 17 crypto heists in 2023, which were valued at over $750 million and may have been carried out by North Korea. The study also found that North Korea obtains around 50% of its foreign currency income from cyber attacks, which are used to fund its weapons programs. The report identified North Korea as the world's most prolific cyber-thief and stated that the country has been targeting the crypto industry to evade sanctions. Additionally, cybersecurity firm Recorded Future estimated that North Korea-linked hacker organization Lazarus Group had stolen $3 billion in cryptocurrency over the past six years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Expert Predicts Sui Could Emulate Solana’s Meteoric Rise
In Brief Kaleo identifies Sui's market behavior as akin to Solana's past rise. Sui, Dogecoin, and Bitcoin show potential for significant growth. Social media influence could drive Dogecoin prices upward.

Pi Network Backs Startups with $100M Venture Fund
The funding comes from 10% of the tokens set aside for the Pi Foundation, a nonprofit organization designed to support Pi’s long-term growth and sustainability.
Nebraska Passes Bitcoin Mining Bill, Awaits Governor’s Signature
BTCS Inc. Raises $57.8M to Expand Ethereum Strategy
Trending news
MoreCrypto prices
More








