“North Korea Leads Crypto Thefts with Record Hacks in 2022, Says UN Report”

A confidential United Nations report has revealed that North Korean hackers stole more crypto assets in 2022 than in any other year.

The UN report, seen by Reuters, was reportedly submitted to a 15-member North Korea sanctions committee last week.

It found North Korean-linked hackers were responsible for between $630 million and more than $1 billion in stolen crypto assets.

The UN report also noted that cyber attacks were more sophisticated than in previous years, making tracing stolen funds more difficult than ever.

In addition, the report found that North Korea had laundered more than $2 billion in cryptocurrency in the last two years. This finding was made in a report to the UN Security Council Committee last week.

Read More

• “Cyber Attacks Take a Toll: Crypto Investors Lose Billions in 2022”
• “From Crypto’s Debut to Reality: The End of Superbowl LVI’s Crypto Frenzy”
• “Kraken Cryptocurrency Exchange Closes Middle Eastern Operations”
• “Cryptocurrency Scam Costs Mangaluru Man Rs. 3 Crore”
• “Charlie Munger Endorses China’s Crypto Ban, Suggests U.S. Follow Suit”