UN Report: North Korea stealing money from cryptocurrency exchanges to fund missile programs

According to an excerpt from a United Nations study citing cybersecurity specialists, North Korea has continued to expand its nuclear and ballistic missile programs over the last year, and cyberattacks on cryptocurrency exchanges appear to have been a significant money source for the government. Between 2020 and mid-2021, hacks stole digital assets worth more than $50 million from at least three cryptocurrency exchanges in North America, Europe, and Asia, according to investigators. Independent sanctions monitors submitted the report to the UN Security Council's North Korea sanctions committee last week, but it was seen by Reuters. According to the confidential report, North Korea began testing and demonstrating new short-range and possibly medium-range missiles in January, "incorporating both ballistic and guidance technologies and using both solid and liquid propellants" — all of which were primarily sourced through cyberattacks, with cryptocurrency exchanges...

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