North Korea's $1.3bn Crypto Heist in 2024

CosmicTaco · 2024-12-20T09:37:22.455912+05:30

- North Korean hackers stole $1.34bn in cryptocurrency this year, the highest on record, per Chainalysis data. - The funds support Pyongyang's missile and nuclear programs, with the US estimating up to a third of the missile program funded by cybercrime. - Activity slowed in the latter half of 2024 following a strategic partnership with Russia, reducing reliance on cyber theft. Source: [Financial Times](https://www.ft.com/content/4ed7ce45-a653-496e-99a6-ade9c21f9908)

North Korean hackers stole $1.34bn in cryptocurrency this year, the highest on record, per Chainalysis data.
The funds support Pyongyang's missile and nuclear programs, with the US estimating up to a third of the missile program funded by cybercrime.
Activity slowed in the latter half of 2024 following a strategic partnership with Russia, reducing reliance on cyber theft.

Source: Financial Times