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"North Korea Steals 965 Billion KRW Worth of Japanese Cryptocurrency Through Cyberattack"

North Korea Seizes 30% of Global Cryptocurrency
Equivalent to 8.8 Times North Korea's 2021 Export Value

"North Korea Steals 965 Billion KRW Worth of Japanese Cryptocurrency Through Cyberattack" Cyberattack (Photo by Getty Images)

North Korea is reported to have stolen $721 million (approximately 965 billion KRW) worth of cryptocurrency from Japan through cyberattacks from 2017 until the end of last year.


On the 15th, the Nihon Keizai Shimbun reported this based on a joint analysis with the blockchain analytics company Elliptic.


This amount accounts for 30% of the $2.3 billion (3.08 trillion KRW) worth of cryptocurrency North Korea stole worldwide during the same period.


The cryptocurrency stolen by North Korea from Japan is 8.8 times the value of North Korea's exports in 2021.


Following Japan, Vietnam ($540 million), the United States ($497 million), and Hong Kong ($281 million) were the countries from which North Korea stole the most cryptocurrency.

This content was produced with the assistance of AI translation services.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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