BitcoinWarrior

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UN Says North Korea Steals Billions In Crypto To Fund Doomsday Weapons

The United Nations (UN) Security Council has disclosed findings from an investigation into North Korea’s sanction evasion tactics, revealing a significant portion of the country’s foreign currency earnings — approximately 50% — stem from cyberattacks on cryptocurrency-related firms. These cyber operations have inflicted an estimated $3 billion in damages, spotlighting the regime’s reliance on digital theft as a major revenue source. From July 2023 to January 2024, a panel of experts delved into North Korea’s adherence to international sanctions, uncovering sophisticated strategies to bypass th…