UN: North Korea Accumulating Cryptocurrency For Weapons Programs

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A recent report by the United Nations has revealed that North Korea has amassed billions of dollars for its weapons programs. The loot has been pilfered from cyber-attacks and cryptocurrency exchange hacks according to the confidential dossier. Cryptocurrency Exchanges Hacked According to Reuters, a United Nations report has exposed that the despotic regime has accumulated as much as $2 billion for its weapons of mass destruction projects. The findings to the UN Security Council North Korea sanctions committee added Pyongyang … continued to enhance its nuclear and missile programmes although it did not conduct a nuclear test or ICBM (Intercontinental Ballistic Missile) launch. [And continues to] launder stolen proceeds and create income to avoid international sanctions. The draft report has been compiled by a panel of independent experts monitoring sanctions compliance over the past six months. It continued, stating that state sponsored cyber criminals launched increasingly sophisticated attacks to steal…

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