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North Korea's Stolen Crypto Funds Has Taken Hit by Bear Market
source link: https://nextbigwhat.com/north-koreas-stolen-crypto-funds-has-taken-hit-by-bear-market/
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The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes.
North Korea has poured resources into stealing cryptocurrencies in recent years, making it a potent hacking threat and leading to one of the largest cryptocurrency heists on record in March, in which almost $615 million was stolen.
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