North Korea Stole $2 Billion in Crypto and Fiat to Fund Weapons Programs

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North Korea is funding its weapons of mass destruction with cryptocurrency and fiat currency stolen from banks and exchanges, according to a confidential U.N. report.Seen by Reuters, the report – researched by “independent experts” and presented to the U.N. Security Council North Korea sanctions committee last week – says that North Korea has used “widespread and increasingly sophisticated” hacks to collect roughly $2 billion, which is laundered over the web.Reuters said the North Korean mission to the United Nations did not comment when asked about the report.The experts are reportedly looking into “at least 35 reported instances of DPRK actors attacking financial institutions, cryptocurrency exchanges and mining activity designed to earn foreign currency” in around 17 nations. Many of North Korea’s hackers operate under the Reconnaissance General Bureau, an intelligence agency that handles clandestine operations.The U.N. report said targeting crypto exchanges allowed North Korea “to generate income in ways that…

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