North Korea set up a Hong Kong blockchain firm in a bid to to launder stolen cryptocurrency and avoid sanctions, the UN has reportedly said.
The regime linked with major hacks of crypto exchanges is reportedly building its own token to get around the tough international sanctions.
The U.S. Treasury mentioned cryptocurrency thefts as one of the reasons for the action against the Lazarus Group, Bluenoroff and Andariel.
As it conducts one missile test after the next, the pariah state issues a welcome to the crypto community.
North Korea has denied a recent U.N. report suggesting it was behind major hacks that reaped around $2 billion for its weapons programs.
A more detailed U.N. report says North Korea is attacking banks via the SWIFT network, hacking crypto exchanges and cryptojacking.
North Korea is funding its weapons of mass destruction via hacks of banks and crypto exchanges, says a confidential U.N. report.
Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange.
North Korean hackers have been using a familiar phishing tool to steal UPbit customer details, security experts allege.
A U.N. Security Council panel has linked North Korea to millions lost in cryptocurrency hacks, Nikkei Asian Review reports.