Reuters reported that a statement from the National Coordination Committee of the DPRK for Anti-Money Laundering and Countering the Financing of Terrorism accused the US and ‘other hostile forces’ of ‘spreading ill-hearted rumors’. The U.N. report said that North Korea has used ‘widespread and increasingly sophisticated’ hacks to collect roughly USD 2 billion, which is laundered over the web.
Moreover, at least 35 reported instances of DPRK actors attacking financial institutions, cryptocurrency exchanges, and mining activity designed to earn foreign currency are reportedly investigated by experts. Many of North Korea’s hackers are said to operate under the Reconnaissance General Bureau, an intelligence agency that handles clandestine operations.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.