North Korea Hacked and Stole Cryptocurrencies to Finance Kim's Nuclear Program

North Korea Hacked and Stole Cryptocurrencies to Finance Kim's Nuclear Program
North Korea resorted to a massive cryptocurrency theft to finance its weapons program

Most read in Argentina

The visit of León XIV boosted tourism: full hotels and an impact of over USD 88 million in CABA

  1. Details of the tough confrontation between Mauro Icardi and Martín Migueles were revealed

  2. Mourning in Argentine football: Carlos Babington, one of Huracán's greatest idols, has passed away at the age of 77

  3. The visit of Pope Leo XIV boosted tourism and raised hotel occupancy to 75% in CABA

  4. Fifth century cemetery in France reveals possible graves of chiefs and two war horses

Imagen de Editorial Team
porEditorial Team
Argentina

The FBI launched a formal accusation against Kim Jong Un's regime following a massive cryptocurrency theft.

Add La Derecha Diario on
Share:


La Derecha Diario on X

  1. “VOX NUNCA ESCONDE LA CABEZA” Santiago Abascal reafirmó su decisión de no volver a ceder los derechos exclusivos de sus entrevistas a medios públicos o privados tras denunciar que Televisión Española recortó 40 minutos de una de sus intervenciones. “Es una decisión firme que no tiene marcha atrás”.

    3 min ago

  2. VUELVE EL RALLY A LA ARGENTINA: El presidente de la FIA, Mohammed Ben Sulayem, anunció que el rally vuelve a la Argentina, con una carrera piloto en Córdoba en 2027 y ser anfitrión del Mundial de Rally en 2028.

    3 min ago

  3. 🏁 | AHORA - JAVIER MILEI CONSIGUIÓ QUE VUELVA EL RALLY A LA ARGENTINA: Tras las gestiones del presidente argentino, la FIA confirmó que el rally vuelve a la Argentina, con una carrera piloto en Córdoba en marzo 2027 con la posibilidad de realizar el Mundial de Rally en 2028.

    10 min ago

  4. OCHO MUERTOS TRAS EL DERRUMBE DE UN EDIFICIO EN BROOKLYN: Una construcción de tres pisos colapsó sobre una excavación contigua en Flatbush, Nueva York, dejando al menos 17 heridos, incluidos siete menores y tres bomberos.

    18 min ago

  5. “ESTAMOS ANTE UNA HUELGA GENERAL CONTRA LA OPOSICIÓN, NO CONTRA EL GOBIERNO” El candidato derechista de VOX, Santiago Abascal, responsabilizó al Gobierno del corrupto Pedro Sánchez por la crisis de vivienda en España y denunció que la izquierda y los sindicatos utilizan la huelga general para atacar a la oposición. Además, propuso reducir impuestos, liberar suelo para construir viviendas y avanzar con la remigración de quienes se encuentran ilegalmente en el país.

    28 min ago

La Derecha Diario logo
TwitterInstagramYouTubeTikTokFacebook
Derecha Diario TV

Nosotros

  • Quienes Somos
  • Autores
  • Donar

Privacidad

  • Protección de datos
  • Canales
  • Sitemap
  • RSS

Contacto

  • info@derechadiario.com.ar
PUBLICIDAD
La Derecha Diario logo
ESX logoInstagram logoYouTube logoTikTok logoFacebook
ARGENTINAUNITED STATESECUADORISRAELMEXICOURUGUAY
ARGENTINAUNITED STATESECUADORISRAELMEXICOURUGUAY
DERECHA DIARIO TV
  • ES
    XInstagramYouTubeTikTokFacebook
  • DERECHA DIARIO TV
  • Sections
  • ARGENTINA
  • UNITED STATES
  • ECUADOR
  • ISRAEL
  • MEXICO
  • URUGUAY
  • Countries
  • La Derecha Diario logoLA DERECHA DIARIO
  • La Derecha Diario México logoLA DERECHA DIARIO MÉXICO
  • La Derecha Diario Uruguay logoLA DERECHA DIARIO URUGUAY
  • La Derecha Diario Ecuador logoLA DERECHA DIARIO ECUADOR
  • La Derecha Diario Israel logoLA DERECHA DIARIO ISRAEL
  • La Derecha Diario Estados Unidos logoLA DERECHA DIARIO ESTADOS UNIDOS
  • Topics
  • GUERRA EN IRÁN
  • The Newspaper
  • QUIENES SOMOS
  • AUTORES
  • PUBLICIDAD
  • DONAR

Related news

Cocos raised US$34 million and reached a valuation of US$508 million as it accelerates its entry into Brazil

Cocos raised US$34 million and reached a valuation of US$508 million as it accelerates its entry into Brazil

Racing Bulls confirmed Liam Lawson and Arvid Lindblad as their drivers for the 2027 Formula 1 season

Racing Bulls confirmed Liam Lawson and Arvid Lindblad as their drivers for the 2027 Formula 1 season

Jensen Huang resigned from NVIDIA after the scandal of infiltration by the Chinese communist regime

Jensen Huang resigned from NVIDIA after the scandal of infiltration by the Chinese communist regime

Cuba reached a record of 1,353 political prisoners under the communist dictatorship

Cuba reached a record of 1,353 political prisoners under the communist dictatorship

Milei Effect: nearly 70% of Argentine companies plan to start exporting in the coming years

Milei Effect: nearly 70% of Argentine companies plan to start exporting in the coming years

Trump's envoys arrived at the Kremlin to negotiate with Putin and move towards a peace agreement in Ukraine

Trump's envoys arrived at the Kremlin to negotiate with Putin and move towards a peace agreement in Ukraine

El FBI advirtió acerca de la rapidez en el lavado de activos que puede efectuar Corea del Norte
El FBI advirtió acerca de la rapidez en el lavado de activos que puede efectuar Corea del Norte

The impact of this theft has had significant repercussions in the cryptocurrency markets, where prices have fallen due to the uncertainty caused by the attack.

Despite this blow, the market overall benefited from the recent election of Donald Trump as president of the United States, which caused a temporary increase in Bitcoin prices, trading above 82,000 dollars, reaching the threshold of 100,000 dollars a month ago.

Meanwhile, Bybit, the affected platform, publicly acknowledged the attack and offered a reward of up to 140 million dollars for those who could help track the stolen funds.

The company explained that the attack occurred when a routine ethereum transfer, from a cold wallet to an online wallet, was manipulated. Manuel Villegas, an analyst at Julius Baer, described the attack as highly sophisticated, highlighting that the manipulation of the cold wallet involved a "blind signature exploit," a method of deception through a fake interface that presented itself as legitimate.

El panorama de Bitcoin se incrementó considerablemente tras la victoria de Donald Trump en las elecciones
El panorama de Bitcoin se incrementó considerablemente tras la victoria de Donald Trump en las elecciones

Analysts from Certik, a blockchain analysis firm, described this theft as the largest breach in the history of cryptocurrency transactions. Additionally, the FBI warned that the investigation into the attack continues, and that the stolen funds could be used to finance more malicious activities by North Korea.

The North Korean regime has resorted to cybercrime as one of its main sources of foreign currency, due to the country's economic isolation and the severe international sanctions it has faced.

Despite economic difficulties, Kim Jong-un's regime has managed to make significant advances in its missile and nuclear weapons program. In addition to cyberattacks, North Korea has supplied weapons and troops to Russia, in exchange for money and technology, in the context of Russia's war with Ukraine.

A report from the blockchain analysis firm Chainalysis indicated that hackers linked to North Korea stole more than 1.3 billion dollars in cryptocurrencies in 2024, a significant increase from the 660 million dollars stolen in 2023.

Este robo contribuye a la financiación de Kim a su capacidad nuclear
Este robo contribuye a la financiación de Kim a su capacidad nuclear

 

 

The FBI has accused hackers linked to North Korea of carrying out one of the largest cryptocurrency thefts ever known, with a haul of approximately 1.5 billion dollars in ethereum, stolen from the Dubai-based cryptocurrency exchange firm, Bybit.

This attack, which occurred in early February 2025, represents a new attack carried out by a group of hackers known to the United States government as TraderTraitor, also related to the Lazarus Group.

The theft highlights North Korea's growing prowess in cybercrime and the use of these funds to finance its nuclear and ballistic missile programs, evading international sanctions.

El golpe efectuado por los norcoreanos, fue realizado a través de la plataforma Bybit
El golpe efectuado por los norcoreanos, fue realizado a través de la plataforma Bybit

According to the FBI, the strikers stole the cryptocurrencies through the distribution of modified cryptocurrency exchange applications, which contained malware designed to siphon funds.

The cryptocurrencies were transferred from a "cold wallet" of Bybit, a type of offline wallet considered secure, to an unknown address. The hackers used a sophisticated exploit through a fake interface, almost identical to Bybit's legitimate platform, to deceive users.

The stolen funds were quickly converted into Bitcoin and dispersed through thousands of addresses on different blockchains, which complicates the task of tracking and recovering the money.

Los fondos robados fueron rápidamente convertidos a Bitcoin
Los fondos robados fueron rápidamente convertidos a Bitcoin

This theft is one of the largest in blockchain history, even surpassing the billion-dollar theft carried out by Saddam Hussein through Iraq's central bank before the 2003 war.

The FBI has warned that the stolen assets are likely to be laundered and eventually converted into fiat money, which would further contribute to North Korea's finances.

The Lazarus Group, linked to North Korea, is known for carrying out cyberattacks for financial purposes, and the FBI has identified TraderTraitor as one of its recent operations.

Additionally, the South Korean intelligence agency has reported that between 2017 and 2023, North Korean hackers stole more than 3 billion dollars in cyberattacks, a large portion of which is believed to have been used to fund the development of weapons of mass destruction.