North Korea Steals $3.6 Billion In Crypto Assets

According to monitors, North Korea has stolen $3.6 billion in crypto assets from cryptocurrency companies between 2017 and 2024, with $147.5 million stolen through the virtual currency platform Tornado Cash in March alone.

According to private work by UN sanctions monitors reviewed by Reuters on Tuesday, North Korea laundered $147.5 million through virtual currency platform Tornado Cash in March after obtaining it from a cryptocurrency exchange last year.

In a document sent in on Friday, the monitors informed the sanctions committee of the U.N. Security Council that they had been looking at 97 alleged North Korean assaults against cryptocurrency companies between 2017 and 2024, with a total estimated worth of about $3.6 billion.

The monitors informed the committee that this includes an attack that occurred late last year in which the cryptocurrency exchange HTX saw $147.5 million taken before it was laundered in March of this year. They based their testimony on data from ...

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