N.Korean hackers stole $400 mln in cryptocurrency in 2021 - reports

14/1/2022 12:59

        North Korea launched at least seven attacks on cryptocurrency platforms that extracted nearly $400 million worth of digital assets last year, one of its most successful years on record, blockchain analysis firm Chainalysis said in a new report.
        
        The report, which was released on Thursday, "From 2020 to 2021, the number of North Korean-linked hacks jumped from four to seven, and the value extracted from these hacks grew by 40%."
        
        The report added, "Once North Korea gained custody of the funds, they began a careful laundering process to cover up and cash out."
        
        A United Nations panel of experts that monitors sanctions on North Korea has accused Pyongyang of using stolen funds to support its nuclear and ballistic missile programs to circumvent sanctions.