Half of North Korea’s Missile Programs Funded via Stolen Crypto

Half of North Korea’s Missile Programs Funded via Stolen Crypto



An unnamed White House official claims that cyberattacks and crypto theft have helped North Korea pay for around half of its missile testing.



According to a new Chainalysis assessment, North Korean hackers may have stolen $1.7 billion in digital assets in 2022. The Lazarus Group, arguably the most popular local hacking group, was responsible for a number of attacks last year, the most well-known of which being the $625 million Ronin Network breach.



The Democratic People's Republic of Korea, one of the few nations in the world with nuclear weapons, has been transforming into a military power in recent years. The Kim Jong Un regime there also makes use of every opportunity to advance its arsenal through missile development and other testing.



A White House representative recently revealed that half of those war efforts are funded


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#Cryptonewstoday, #Hackers, #NorthKorea, #Regulations, #Scam

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