North Korean Hackers Accused of Stealing $1.2 Billion in Crypto Funds

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North Korean Hackers Accused of Stealing $1.2 Billion in Crypto Funds
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South Korea’s spy agency has shed light on North Korea’s cryptocurrency theft spree

is using cybercrime to gain a much-needed source of funding for its fragile economy and nuclear program.

The authoritarian state has suffered from a double whammy of harsh U.N. sanctions and pandemic-related difficulties. In April, the U.S. government linked North Korean hackers to the theft of $620 million worth of cryptocurrency from the video game Axie Infinity, which is believed to be one of the largest crypto heists ever recorded.

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