Menu

Blog

Sep 5, 2023

North Korean hackers have allegedly stolen hundreds of millions in crypto to fund nuclear programs

Posted by in categories: blockchains, business, cryptocurrencies, cybercrime/malcode, existential risks, military

North Korea-linked hackers have stolen hundreds of millions of crypto to fund the regime’s nuclear weapons programs, research shows.

So far this year, from January to Aug. 18, North Korea-affiliated hackers stole $200 million worth of crypto — accounting for over 20% of all stolen crypto this year, according to blockchain intelligence firm TRM Labs.

“In recent years, there has been a marked rise in the size and scale of cyber attacks against cryptocurrency-related businesses by North Korea. This has coincided with an apparent acceleration in the country’s nuclear and ballistic missile programs,” said TRM Labs in a June discussion with North Korea experts.

Comments are closed.