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$272 Million in Ethereum Stolen by North Korean Hackers in 2021

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$272 Million in Ethereum Stolen by North Korean Hackers in 2021

The tyrannical Kim Jong Un regime relies on its hackers to fund the development of sophisticated ballistic missiles and nuclear weapons.

In 2018, North Korean hackers pilfered $522 million, which remains its biggest yearly haul to date.

The notorious Lazarus hacking group, which pulled off a large-scale breach of Sony Pictures in 2014, was responsible for robbing Singapore-based cryptocurrency exchange KuCoin of $275 million in 2020.

North Korean hackers deploy complicated techniques to launder stolen money.

Last September, Ethereum developer Virgil Griffith pleaded guilty to helping North Korea circumvent U.S. sanctions.

Source

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