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North Korea Has Stolen More Crypto in 18 Months Than Most Nations Hold in Reserves
A nation that manages one of the world’s most profitable cyber operations while struggling to make ends meet is almost unbelievable. After decades of isolation and sanctions, North Korea has subtly turned into a digital pirate state, not the kind that makes headlines for a few weeks before disappearing. Its hackers have transferred almost USD 4 billion in pilfered cryptocurrency over the last 18 months via wallets, bridges, and cross-continental laundering pipelines. According to some accounts, that amount surpasses the foreign exchange reserves of entire countries. It’s difficult to ignore the pattern. Pyongyang ... (full story)