North Korea steals cryptocurrency, finances missile project: UN

The United Nations says North Korea has spent millions of dollars in cryptocurrency (virtual currency) stolen through cyber attacks to finance its missile project.

North Korea steals cryptocurrency, finances missile project: UN

 UN investigators have found that between 2020 and 2021, North Korean cyber-attackers stole more than 50 million in digital assets. News from the BBC.

 They say such attacks are a "significant source of revenue" for North Korea's nuclear and ballistic missile programs.

 The report was submitted to the UN Sanctions Committee on Friday, the BBC reported.

 The cyber-attacks targeted at least three cryptocurrency transactions in North America, Europe and Asia.

 The report cites a study by security firm Chanellisis as saying that North Korea seized দ 400 million in digital assets last year through cyber-attacks.

 The United Nations says North Korea has continued to develop its nuclear and ballistic missile infrastructure despite various sanctions. At the same time, they are trying to acquire materials, technology and knowledge from outside the country. This includes cyber activities and joint scientific research.