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North Korea’s $700 Million Crypto Theft Chest Could Fund Nukes: Report

North Korea’s $700 Million Crypto Theft Chest Could Fund Nukes: Report (Geopolitical, Terrorism)

North Korean leader Kim Jong Un is said to be sanctioning hackers to target vulnerable crypto exchanges in South-east Asia. | Source:North Korea's Korean Central News Agency. According to the Royal United Services Institute (RUSI), one of the chief ways North Korea is financing its WMD programs is through cryptocurrencies, which it has obtained mostly illegally. In what amounts to old news, the RUSI report says North Korea has been mostly targeting South Korean cryptocurrency exchanges. In some instances, North Korean cybercrime operatives have hacked the same South Korean crypto exchanges more than once. The report further adds that the number of cybercrime operatives working for North Korea is in the thousands.

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