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International Business Times
International Business Times
Business
Marvie Basilan

G7 Leaders Consider Discussing North Korea's Crypto Threat At Canada Summit: Report

Representative image of a crypto hacker (Credit: Clint Patterson/Unsplash)

KEY POINTS

  • Sources told Bloomberg that G7 leaders were considering if the matter was worth discussing at the summit
  • Lazarus Group is at center of crypto thefts, as the latest data showed that the North Korea-linked hacking group holds over $800M in crypto
  • The hackers are associated with the $1.4 billion and $230 million exploits of Bybit and WazirX, respectively

Leaders of the Group of Seven (G7) countries are reportedly weighing whether they should include North Korea-backed cyberattacks and cryptocurrency thefts during their much-anticipated summit in Canada next month.

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