North Korea Stole $2 Billion Worth Of Cryptocurrencies Through Hacking - U.N

Cryptoinformers || AUGUST 6, 2019
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North Korea has reportedly stolen around $2 billion by hacking banks and cryptocurrency exchanges, according to the United Nations (U.N.).


According to a confidential report acquired by mainstream media outlets including Lazarus Group has become notorious for its malign activities, which have affected countries across the world.


It appears that South Korea is the specific target, however, the most recent event involving a phishing email scam in which hackers masqueraded as major trading platform UpBit. 


It is believed that North Korea carry-on  the attacks as to counter international sanctions, however the FBI reiterated the U.N. view that North Korea was deliberately stealing money in order to counter the effects of international sanctions, which the report now said were likely to remain due to a lack of progress in talks.


“We call upon all responsible states to take action to counter North Korea’s ability to conduct malicious cyber activity, which generates revenue that supports its unlawful WMD and ballistic missile programs,” it added.



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