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Benzinga
Benzinga
Business
Shiv Juneja

$1.59B In Stolen Funds In North Korea, Leading The World For Crypto-Related Cybercrime

With $1.59 billion in stolen crypto funds, North Korea heads the world as being the top location for cyberattacks and stealing of funds in crypto.

What Happened: A recent report by Coincub revealed that North Korea has experienced 15 large-scale cybercrime incidents involving crypto, causing over $1.59 billion in stolen funds. These exploits are a result of a network of 7,000 hackers, constituting hacker collectives, such as Lazarus, and individual smaller-scale hackers.

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