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🚨G7 LEADER'S MAY TARGET NORTH KOREAN CRYPTO #HACKS AT JUNE #SUMMIT 2025
🔹G7 leaders may discuss North Korea’s crypto-linked cyberattacks next month in Canada.
🔹Lazarus Group, a state-backed hacker cell, blamed for February’s $1.4B Bybit hack—biggest centralized exchange breach ever.
🔹North Korea allegedly funds missile and WMD programs through stolen crypto.
🔹Other #hacks include $600M #Ronin Bridge, Harmony Horizon, and DMM Bitcoin.
🔹In 2024, DPRK #stole $1.34B across 47 incidents (61% of global crypto theft) per Chainalysis.
🔹U.S. Treasury now pushing to ban Cambodia's Huione Group for laundering funds.
- Bloomberg$BTC $RONIN $ETH
🔹G7 leaders may discuss North Korea’s crypto-linked cyberattacks next month in Canada.
🔹Lazarus Group, a state-backed hacker cell, blamed for February’s $1.4B Bybit hack—biggest centralized exchange breach ever.
🔹North Korea allegedly funds missile and WMD programs through stolen crypto.
🔹Other #hacks include $600M #Ronin Bridge, Harmony Horizon, and DMM Bitcoin.
🔹In 2024, DPRK #stole $1.34B across 47 incidents (61% of global crypto theft) per Chainalysis.
🔹U.S. Treasury now pushing to ban Cambodia's Huione Group for laundering funds.
- Bloomberg$BTC $RONIN $ETH
Is North Korea's Massive Cryptocurrency Theft Changing Global Cybersecurity? 🔐
North Korean hackers #stole $3 billion in cryptocurrency since 2017, with $1.7 billion pilfered in 2022 alone, surpassing the country's export earnings by tenfold.
Recorded Future's report highlights this theft as 45% of North Korea's #military budget and 5% of its economy.
Supported by the government, their focus expanded from South Korea to a global scale, complicating fund tracing.
Sanctions on platforms aiding money laundering indicate the magnitude of their impact, making North Korea a pivotal player in cybercrime, noted by experts at #Chainalysis .
#Binance
#crypto2023
North Korean hackers #stole $3 billion in cryptocurrency since 2017, with $1.7 billion pilfered in 2022 alone, surpassing the country's export earnings by tenfold.
Recorded Future's report highlights this theft as 45% of North Korea's #military budget and 5% of its economy.
Supported by the government, their focus expanded from South Korea to a global scale, complicating fund tracing.
Sanctions on platforms aiding money laundering indicate the magnitude of their impact, making North Korea a pivotal player in cybercrime, noted by experts at #Chainalysis .
#Binance
#crypto2023
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