Crypto
Why North Korea openly steals cryptocurrency
North Korea repeatedly targets cryptocurrency not to secure payment networks to evade sanctions, but to directly raise funds for weapons development, an analysis said. CoinDesk, citing security experts, reported the hacking differs structurally from other state-backed attacks because North Korea targets the crypto ecosystem itself. Experts said Pyongyang accepts traceable thefts to gain immediate global liquidity, focuses on key individuals with access, and uses long-term infiltration. Crypto transactions are hard to reverse, increasing risks.
