#North Korea Stole $660 Million in Cryptocurrency#
Hot Topic Overview
Overview
The United States, Japan, and South Korea have issued a joint statement accusing North Korea of stealing approximately $660 million in cryptocurrency through cyberattacks in 2024 and calling for the international community to work together to recover the stolen assets. The statement cites five alleged cryptocurrency heists involving North Korea, including attacks on DMM Bitcoin, Upbit, Rain Management, WazirX, and Radiant Capital, with total losses exceeding $600 million. The three governments highlighted the importance of public-private partnerships and stated that they will make every effort to hold North Korea accountable.
Ace Hot Topic Analysis
Analysis
The United States, Japan, and South Korea have issued a joint statement condemning North Korea for stealing an estimated $660 million in cryptocurrency through cyberattacks in 2024. The statement alleges that North Korean cyber actors have employed various tactics, including attacks on cryptocurrency exchanges and decentralized finance platforms, to pilfer large sums of money. These include $308 million stolen from DMM Bitcoin, $50 million from Upbit, $16.13 million from Rain Management, $235 million from WazirX, and $50 million from Radiant Capital. The three governments urge the international community to work together to recover the stolen assets and highlight the crucial role of public-private partnerships in tackling the growing threat of North Korean cyberattacks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
North Korea used cyberattacks to steal cryptocurrency worth $660 million.
North Korea's cyberattacks are a cause for concern, and the international community needs to work together to recover the stolen assets.
The United States, Japan, and South Korea issued a joint statement condemning North Korea's cyberattacks and emphasizing the importance of public-private partnerships.
North Korea's cyberattacks have targeted multiple cryptocurrency exchanges, including DMM Bitcoin, Upbit, Rain Management, WazirX, and Radiant Capital.