North Korea Steals $2B in Crypto, Funding Nukes
Update: 2025-12-18
Description
North Korean hackers stole over $2 billion in cryptocurrency in 2025, marking a significant increase from previous years. This surge in crypto theft, totaling $6.75 billion since 2016, supports the regimes nuclear weapons and missile programs. The majority of the stolen funds came from a single breach in February, when Bybit suffered a $1.5 billion theft. Hackers have become more sophisticated in stealing and laundering proceeds, exploiting cyber vulnerabilities in the growing crypto industry. Senator Elizabeth Warren called for an investigation into how North Korean hackers use decentralized finance protocols to fund the regime.
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