North Korea’s Cryptocurrency Theft

North Korea is one of the countries that most uses cybercrime for financing. In recent years, the country has been linked to several cryptocurrency thefts, raising concerns among international and cybersecurity agencies. North Korean governments are believed to be targeting banks and cryptocurrency exchanges to fund their nuclear and weapons programs.

The most notable of these thefts are:

1. Mt. Gox: In 2014, around $450 million was stolen from the exchange, and it is believed that there are links to North Korea, although this incident was not direct.

2. Cyberattacks: A hacker group known as the Lazarus Group, which is linked to North Korea, launched attacks on cryptocurrency exchanges such as Japan’s Coincheck and KuCoin, resulting in the theft of large sums of money.

3. Various tactics: Hackers have relied on various techniques such as phishing, direct hacking, and the use of malware to take control of financial systems.

Many countries, including the United States and South Korea, are seeking to strengthen cybersecurity and monitor cryptocurrency flows to combat these activities. International cooperation is vital to combat the threat of state-sponsored cybercrime.#BinanceAlphaAlert #سرق