UN Probes North Korea For Draining $3B In Crypto Hacks

UN Probes North Korea For Draining $3B In Crypto Hacks

The United Nations (UN) has recently revealed a report regarding North Korea’s involvement in cyberattacks targeting crypto assets. Notably, the report has sparked global concern over the safety of digital investments.
Meanwhile, the UN Security Council’s latest report unveils alarming statistics, indicating that North Korea derives a substantial portion of its foreign currency income from cybercriminal activities, with an estimated $3 billion drained through crypto hacks. This revelation underscores the urgent need for enhanced cybersecurity measures in the digital asset space.
UN Report Exposes North Korea’s Crypto Hack Tactics
The UN Security Council’s panel of experts, in their recent report, disclosed North Korea’s extensive reliance on cyberattacks as a significant source of foreign currency income. According to a report by the media outlet Nikkei, around 50% of North Korea’s foreign currency revenue is derived from cybercriminal activities, particularly targeting cry

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