Japan, US blame North Koreans for $300 million crypto theft$BTC
In 2024, North Korean hackers stole $1.34 billion in cryptocurrency, doubling their previous year's haul and accounting for two-thirds of global crypto thefts. A significant incident involved the theft of $308 million from Japan-based exchange DMM Bitcoin, leading to its closure. The FBI detailed this heist, noting the use of targeted social engineering tactics. These cybercrimes are believed to fund North Korea's missile and nuclear programs, highlighting the regime's reliance on illicit activities to circumvent international sanctions.
