North Korean Authorities Leverage Cyberattacks and Crypto Theft for Funding
The U.S. government believes that cyberattacks and cryptocurrency theft have become a major source of income for the North Korean authorities. At least half of North Korea's missile program is funded by cybercrime, says Anne Neuberger, de ...
US Treasury Penalizes Three Crypto Traders for Assisting North Korean Hackers
The Office of Foreign Assets Control (OFAC), a branch of the US Department of the Treasury, has taken action against three crypto traders for their alleged involvement in assisting North Korean hacker group, Lazarus, to convert crypto assets. Wu Huihui, an over-the-counter (OTC) trader, was accus ...