Separating fact from fiction By Cointelegraph

Separating fact from fiction By Cointelegraph


North Korean crypto hacking: Separating fact from fiction

The Democratic People’s Republic of Korea is widely considered to be a state sponsor of cryptocurrency hacking and theft. While multiple United States presidents have attempted to stifle the growth of North Korean nuclear energy development through a series of economic sanctions, cyber warfare is a new phenomenon that cant be dealt with in a traditional way.

Unfortunately for the crypto industry, DPRK has taken a liking to digital currencies and seems to be successfully escalating their operations around stealing and laundering cryptocurrencies to bypass crippling economic sanctions that have led to extreme poverty in the pariah state.

How much exactly have the hackers stolen?

How do the hacking groups operate?

Whats the size of the alleged cyber force and where are they based?

What can be done to stop the hackers?

How serious is the issue?


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