#UN #NorthKorea #Geneva #CyberCrime
A preliminary United Nations investigation into the theft last September of US$281 million (€232 million) worth of assets from a cryptocurrency exchange "strongly suggests" links to North Korea - with industry analysts pointing to KuCoin,
A preliminary United Nations investigation into the theft last September of US$281 million (€232 million) worth of assets from a cryptocurrency exchange "strongly suggests" links to North Korea - with industry analysts pointing to KuCoin,
based in Seychelles, as the victim of one of the largest digital currency heists evee recorded. A confidential report to members of the UN Security Council by independent sanctions monitors
said another blockchain hack-related transactions had appeared to be connected to a second hack last October, when US$23 million was stolen. "Preliminary analysis, based on the attack vectors and subsequent efforts to launder the illicit proceeds,
strongly suggests links to the DPRK," the monitors wrote, using North Korea's formal name, the Democratic People's Republic of Korea.
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