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Home » UN investigates whether North Korea stole cryptocurrencies to make nuclear weapons

UN investigates whether North Korea stole cryptocurrencies to make nuclear weapons

A United Nations (UN) panel of experts is investigating whether nearly 60 North Korean hacking attacks on Bitcoin (BTC) and cryptocurrency-related companies helped finance the country's nuclear weapons development program.

In one writtenSanctions monitors said they will focus on determining whether at least $3 billion stolen from about 58 cryptocurrency companies between 2017 and 2023 allowed the Pyongyang regime to violate U.N. Security Council restrictions. and continue with its weapons of mass destruction program.

According to UN experts, North Korea Council sanctions avoided and continued to develop even more nuclear weapons. Pyongyang also continued to conduct ballistic missile launch tests and added a nuclear submarine to its arsenal.

North Korea has been subject to United Nations sanctions since 2006. Since then, the Security Council has banned this country from conducting nuclear tests and launching ballistic missiles. Something the Asian country has ignored for years.

According to the panel of experts, the attacks were carried out by North Korean hackers subordinate to the General Reconnaissance Office. has continued to rise in recent years. They also said the hackers' targets included defense and supply chain companies, Reuters reports.

North Korean hackers are already in their sights

The investigation by UN monitors comes months after South Korean authorities reported that North Korean hackers stole more than $180 million in cryptocurrencies in the first half of 2023.

Investigations by the South Korean secret service also reveal that there are crypto assets worth $1,500 They have been stolen since 2015 by North Korean hackers.

Standing out among North Korean hackers is the Lazarus Group, a hacking organization that has launched attacks on several cryptocurrency platforms in recent months.

Alphapo, Atomic and CoinsPaid are among the latest companies connected to the crypto asset ecosystem that have faced attacks from Lazarus Group. Between the three companies More than $130 million was lost.

These hackers were also responsible for the hack of Ronin, the blockchain of the play-to-earn game Axie Infinity, which cost $625 million to steal. The FBI concluded in 2022 that the Lazarus Group was the attacker, CriptoNoticias reported.

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