North Korea Hacking Crypto Exchanges to Circumvent Sanctions: UN Panel
A U.N. Security Council panel has linked North Korea to millions lost in cryptocurrency hacks, Nikkei Asian Review reports.
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The head of the Libra Association has argued that the Facebook-led cryptocurrency could help the U.N. achieve its sustainable development goals.
North Korea has denied a recent U.N. report suggesting it was behind major hacks that reaped around $2 billion for its weapons programs.
The new initiative will help ensure migrant workers aren’t charged unethical fees.
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.
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