Reuters: UN Report Says North Korea Profits From Attacking Crypto Exchanges to Develop Nuclear Weapons and Missile Programs

According to Reuters, an excerpt from a classified United Nations report shows that North Korea has continued to develop its nuclear weapons and ballistic missile programs over the past year, and cyberattacks on cryptocurrency exchanges are a key source of income for the program. “According to one member state, North Korean cyber attackers stole more than $50 million from at least three cryptocurrency exchanges in North America, Europe and Asia between 2020 and mid-2021,” the report said. Reuters also disclosed that according to A report last month by cybersecurity firm Chainalysis said North Korea launched at least seven attacks on cryptocurrency platforms last year, acquiring nearly $400 million worth of digital assets.