![North Korean hackers stole nearly $400 million in crypto last year](https://whowillcare.net/wp-content/uploads/2022/01/north-korean-hackers-stole-nearly-400-million-in-crypto-last-year.jpg)
Enlarge
North Korean hackers stole a total of $395 million worth of crypto coins last year across seven intrusions into cryptocurrency exchanges and investment firms, according to blockchain analysis firm Chainalysis. The nine-figure sum represents a nearly $100 million increase over the previous year’s thefts by North Korean hacker groups, and it brings their total haul over the past five years to $1.5 billion in cryptocurrency alone—not including the uncounted hundreds of millions more the country has stolen from the traditional financial system. That hoard of stolen cryptocurrency now contributes significantly to the coffers of Kim Jong-un’s totalitarian regime as it seeks to fund itself—and its weapons programs—despite the country’s heavily sanctioned, isolated, and ailing economy.
Read 12 remaining paragraphs | Comments