Article 5VYT1 North Korea: Missile Programme Funded Through Stolen Crypto, UN Report Says

North Korea: Missile Programme Funded Through Stolen Crypto, UN Report Says

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North Korea: Missile programme funded through stolen crypto, UN report says:

Between 2020 and mid-2021 cyber-attackers stole more than $50m (37m) of digital assets, investigators found.

Such attacks are an "important revenue source" for Pyongyang's nuclear and ballistic missile programme, they said.

The findings were reportedly handed to the UN's sanctions committee on Friday.

The cyber-attacks targeted at least three cryptocurrency exchanges in North America, Europe and Asia.

The report also referenced a study published last month by the security firm Chainalysis that suggested North Korean cyberattacks could have netted as much as $400m worth of digital assets last year.

And in 2019, the UN reported that North Korea had accumulated an estimated $2bn for its weapons of mass destruction programmes by using sophisticated cyber-attacks.

Previously:
North Korea Hackers Stole $400m of Cryptocurrency in 2021, Report Says

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