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North Korea amassed small cryptocurrency fortune through hacking, says UN panel

Friday, March 8, 2019 by Piyush Suthar | Comments

Home News Tech North Korea amassed small cryptocurrency fortune through hacking, says UN panel

North Korea has obtained some $670 million in virtual and fiat currency in a bid to bypass economic sanctions put in place as a result of its nuclear and missile programs. The country amassed the funds through cyber attacks, Nikkei says citing an expert panel reporting to the UN Security Council. In its report, the panel recommended that UN member states “enhance their ability to facilitate robust information exchange on the cyber attacks by the Democratic People’s Republic of Korea with other governments and with their own financial institutions.” The details The country is thought to have carried out the attacks on foreign…

This story continues at The Next Web

Authored by Piyush Suthar
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