North Korea's stolen crypto billions revealed
Share this @internewscast.com

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.

Australian researchers contributed to this 138-page review, which was released by the Multilateral Sanctions Monitoring Team. This group, established last year to track North Korea’s adherence to UN sanctions, includes the US and ten allied nations.

An international report has accussed North Korea of stealing billions in cryptocurrency. The country’s Supreme Leader Kim Jong-un is pictured here.(AP)

The coalition comprises Australia, the US, Canada, France, Germany, Italy, Japan, the Netherlands, New Zealand, South Korea, and the United Kingdom.

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.

The team’s initial report, published in May, focused on North Korea’s military assistance to Russia.

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 FBI later linked the theft to a group of hackers working for the North Korean intelligence service.

Federal authorities also have alleged that thousands of IT workers employed by US companies were actually North Koreans using assumed identities to land remote work.

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

In some cases, the workers held several remote jobs at the same time.

A message left with North Korea’s mission to the UN was not immediately returned on Wednesday.

Share this @internewscast.com
You May Also Like
Newly released images from the US DOJ appear to show Andrew Mountbatten-Windsor – formerly Prince Andrew – on the floor with an unidentified person.

King Charles Issues Bold Statement Regarding Brother’s Ties to Epstein

Mountbatten-Windsor has been officially stripped of his royal titles in the wake…
'Sheer laziness': This controversial AI job practice is becoming more common despite the fact 80 per cent of Aussies are against it

AI Blunder Puts Australian Jobs at Risk: How Automation Errors Could Impact Employment

Exclusive: Only one in three Australian workers know if their employer has…

Breaking: Nine Individuals Face Charges Following High-Profile Sydney CBD Protests

James Ricketson, an Australian journalist and filmmaker, alleges he sustained “bloody injuries”…
Thomas Sewell has been denied bail over an alleged attack on an Indigenous site in Melbourne.

Alleged Neo-Nazi Defense: Claims Provocation Before Incident at Indigenous Site

A neo-Nazi leader accused of leading an attack on an Aboriginalprotest site…
A child is seen playing a game on the Roblox platform. The platform will not be included in Australia's social media ban.

Child Safety Alarms Raised: Urgent Concerns Emerge on Leading Online Gaming Platform

A well-known online gaming platform is facing increased scrutiny from eSafety authorities…
Ghislaine Maxwell pleads the fifth, offers to give Trump, Clinton assurance

Ghislaine Maxwell Invokes Fifth Amendment, Extends Assurance to Trump and Clinton

US politicians have tried to interview Ghislaine Maxwell, but the former girlfriend…

Chaos in Sydney: Police Clash with Protesters in Herzog Demonstration, 27 Arrested

Following intense clashes between demonstrators and law enforcement, nine individuals are facing…

King Charles to Cooperate in Prince Andrew Investigation: Royal Family Under Scrutiny

Content warning: This story contains references to sexual abuse and suicide. Buckingham…
WA man jailed over evil plan to kidnap and abuse young girl

Chilling Plot Uncovered: WA Man Sentenced for Disturbing Kidnapping Scheme

A West Australian man has been jailed over an evil plan to…
Downing Centre.

Man Granted Reprieve Despite Explicit Death Threat to Prime Minister: Legal Twist Sparks Controversy

A man who issued a slur-laden death threat to the prime minister…
Former PM calls on leadership contender to launch challenge against Ley

Former Prime Minister Urges Leadership Candidate to Challenge Ley

Former Liberal prime minister Malcolm Turnbull has called on Angus Taylor to…
Lauren Ashley Mastrosa (left) arrives at Blacktown Local Court in Sydney on Thursday, December 4 in 2025.

Court Rules Erotic Author Guilty of Writing Child Abuse Fiction

The Christian author behind a taboo “daddy dom” novel could face prison…