RATE Group | North Korean cryptocurrency heists net estimated $2 billion: UN report
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North Korean cryptocurrency heists net estimated $2 billion: UN report

06 Aug North Korean cryptocurrency heists net estimated $2 billion: UN report

Posted at 08:25h in Cryptocurrency News by

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A summary of the report was obtained by CNN and its content verified by a UN diplomat who declined to be identified. The North Korean mission to the UN did not immediately respond to inquiries for comment.

Experts say that North Korea has invested significant resources in developing a sophisticated array of cyber capabilities and a robust network of hackers who have increasingly been used to evade United Nations and US sanctions.

Getting those sanctions lifted has been an important goal for North Korean leader Kim Jong Un during negotiations with United States President Donald Trump, but both sides have appeared to make little progress finding a middle ground.

The Trump administration has said it would not remove the measures until it could verify that North Korea has given up its nuclear weapons, while Pyongyang has pushed for a phased approach to sanctions relief.

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