North Korea’s Nuclear Program Is Funded by Stolen Cryptocurrency, Could It Collapse Now That FTX Has?


Source: gizmodo.com.au gizmodo.com.au

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North Korea’s Nuclear Program Is Funded by Stolen Cryptocurrency, Could It Collapse Now That FTX Has? Since the world’s second-largest crypto exchange, FTX, declared bankruptcy earlier this month, the flow-on effects have been felt far and wide. But among the many victims are also some not-so-innocent parties. For the Democratic People’s Republic of Korea, a country facing heavy sanctions, cryptocurrency theft has been a (relatively) simple way to fund the country’s expanding nuclear arsenal. It’s well documented that Kim Jong-un’s military operation hackers have been stealing cryptocurrency to support North Korea’s nuclear and missile program for several years. But with...