Shocking! Global Summit May Discuss North Korea's Crazy Cryptocurrency Theft!

The global summit may focus on North Korean crypto hacking attacks—G7 leaders are expected to discuss the increasingly severe North Korean-supported cyber attacks and cryptocurrency theft at next month's summit in Canada.

Sources reveal that North Korea's cyber activities are becoming more frequent, providing substantial financial support to its regime. According to White House officials, North Korea uses the funds from these thefts to finance its weapons programs, particularly in the development of weapons of mass destruction and missiles.

However, the agenda for the G7 summit is still being finalized, and other topics such as the situation in Ukraine may take priority.

North Korean hackers sweep the crypto industry: As digital assets become a significant means of global payment, North Korean-backed hacker groups have repeatedly targeted cryptocurrency companies, causing huge losses. For instance, a $1.4 billion attack in February shocked the world, and this is not an isolated case; North Korean hacking activities are involved in several notable incidents, such as the Ronin Bridge vulnerability and the Harmony Horizon Bridge attack.

These hackers utilize various technical methods, including DeFi protocol vulnerabilities, fake job interviews, and phishing attacks to steal crypto funds.

Despite sanctions imposed by countries like the U.S., South Korea, and Japan, these cyber attacks have still not been effectively curbed. Recently, the U.S. also proposed sanctions against companies involved in North Korean money laundering activities.

Data shows that in 2024, the amount stolen by North Korean hackers will account for 61% of total cryptocurrency theft cases, and their hacking methods are becoming increasingly sophisticated, making it more difficult to trace the stolen funds.