CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
BitDegree 2024-03-21 14:35:19

UN Experts Link North Korea to $750 Million in Crypto Frauds

Key Takeaways - The UN Security Council's sanctions committee on North Korea unveils a report detailing the regime's cyberattacks on the cryptocurrency industry, contributing significantly to its foreign currency earnings and weapons of mass destruction (WMD) programs. - North Korea is implicated in 17 cryptocurrency thefts last year, with losses totaling over $750 million, part of a broader pattern of cybercrime attributed to the nation. - Despite international sanctions, North Korea continues to enhance its nuclear and missile capabilities, with the report highlighting advancements in nuclear weapons, fissile material production, and ballistic missile technology.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.