UN investigates $3 billion worth of North Korean cyberattacks on crypto companies: report

THE United Country East would have together has publish documents retailer It is investigation later This month, Or early following month.

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THE United Country (UN) East would have investigate piracy groups related has THE Democratic People Republic of Korea (DPRK) For orchestrate cyber attacks on cryptocurrency companies on six years, amass profits of approximately $3 billion.

According to has A recent Reuters report, quoting unpublished UN documents, A independent sanction Committee East monitoring THE investigation In THE DPRK related piracy groups. THE groups allegedly target 58 cryptography related companies has help their armed of mass destruction (ADM) development work, between 2017 And 2023.

"THE sign East investigate 58 suspected DPRK cyber attacks on related to cryptocurrency companies between 2017 And 2023, estimated has approximately $3 billion, which would have help funds DPRK ADM development. »

DPRK piracy groups to have confronted meticulous examination For THE alleged crypto losses Since hacks on THE years.

In 2023, On-Chain Analysis estimated that THE piracy groups stole approximately $1 billion value of crypto Since 20 hacks In THE year alone.

However, there was A significant decrease compared with has THE previous year. In 2022, crypto losses Since North Related to Korea Exploits was rising has $1.7 billion through 15 piracy incidents.

In 2023, We estimate that THE total Rising of crypto stolen by North affiliated with Korea the Pirates East slightly on $1 billion, And THE number of hacks pink has 20. pic.twitter.com/HoeIPIuPA7

— On-Chain Analysis (@chainalysis) January 24, 2024

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