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North Korea’s Crypto Heist Exposed: Billions in Stolen Digital Assets Uncovered – Internewscast Journal

Last updated: October 23, 2025 6:50 am
Published: 4 months ago
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North Korean hackers have managed to steal billions by infiltrating cryptocurrency exchanges and assuming fake identities to secure remote tech jobs with international companies, according to a global report examining North Korea’s cyber capabilities.

The report’s authors revealed that Pyongyang officials orchestrated these covert operations to fund research and development of nuclear weapons.

This monitoring body emerged after Russia vetoed a UN Security Council resolution that would have tasked a panel of experts with overseeing North Korean activities.

Earlier this year, hackers linked to North Korea carried out one of the largest crypto heists ever, stealing $US1.5 billion ($2.3 billion) worth of ethereum from Bybit.

The workers gained access to internal systems and funnelled their salaries back to North Korea’s government.

Read more on Internewscast Journal

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