According to the UN, North Korea’s missile program is financed with stolen cryptocurrencies

Between 2020 and 2021, North Korea is expected to have made a whopping 50 million dollars (about 44 million euros) through cyberattacks, which represent a great source of income for Pyongyang’s ballistic missile program.

The results were delivered to the UN sanctions committee on Friday.

This report also refers to a study published in January this year by the security company Chainalysis, which suggested that North Korean cyberattacks could have obtained up to $400 million in digital assets last year.

These cyberattacks targeted at least three cryptocurrency exchanges in North America, Europe, and Asia.

FireEye, an American company dedicated to information on vulnerabilities, has highlighted a group of cybercriminals called APT 38, which is believed to be part of the well-known North Korean hacking group Lazarus.

However, all this does not end here, and it is believed that North Korea has not limited itself to the theft of crypto assets, it has also been involved in scams with false alcoints and the use of cryptos to evade sanctions. imposed by the United States.

With all this on the table, and with the UN ban on North Korea and its missile tests, it seems that the regime of Kim Jong Un has turned a deaf ear and has continued. US states that just last month they conducted nine trials.

“The DPRK (Democratic People’s Republic of Korea), demonstrated greater rapid deployment capability, extensive mobility (including in the sea) and a greater resistance of its missile forces”, say from the UN.


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With this, the country presided over by Joe Biden has decided that its special representative for North Korea will meet with others from Japan and South Korea given the instability of the situation.

The The worst part of all this commotion is once again carried by the population itself. And it is that there is talk of an increasing deterioration in the situation of these in the country. In addition, the lack of information from North Korea makes it difficult to determine the degree of suffering caused by international sanctions to its citizens.

Pyongyang has recently threatened a possible resumption of its nuclear and intercontinental ballistic missile tests, stating that it is considering resuming all its “temporarily suspended actions” in defense matters.