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North Korea’s extensive involvement in crypto theft could increase

In response to illegal CYBER activities, South Korea sanctioned 15 individuals and one organization from North Korea. Bureau 313, a division responsible for supervising weapon production, was targeted. These actions are part of efforts to curb North Korea’s involvement in MAJOR cryptocurrency thefts.

Recent reports reveal North Korean hackers executed significant crypto heists, with one attack stealing 308 million USD from DMM Bitcoin. A blockchain analysis firm noted that North Korean cyberattacks accounted for 61% of global crypto thefts last year, highlighting their increasing frequency and impact on the market.

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