Cybersecurity experts found out that in 2019-2020, North Korean hackers seized about $316 million in bitcoin and other cryptocurrencies, according to the report of the Committee under the UN Security Council to monitor compliance with sanctions against Pyongyang.
The researchers found that hackers hacked not only cryptocurrency exchanges, but also the websites of investment companies and funds. Even private traders periodically fell prey to Korean cybercriminals.
The North Korean authorities financed the activities of hackers at the expense of the state's so-called nuclear missile program. Pyongyang is subject to a range of economic and technological restrictions.
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Last year, the Mirror reported that the DPRK authorities were using digital currencies stolen from exchanges to purchase imported goods subject to sanctions. The North Korean hacker group known as Lazarus has caused the greatest damage to digital asset holders.