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
Kim Jong Un's teen daughter could be named his heir, spy agency says

Spy Agency Suggests Kim Jong Un’s Teenage Daughter May Be His Successor

North Korean dictator Kim Jong Un is expected to name his teenage…

Shocking Clash: NSW Police Accused of Aggressive Tactics at Sydney Muslim Protest

Three Muslim men claim they were assaulted by police while praying during…

Liberals Unite: Decisive Leadership Showdown to Shape Opposition’s Future

Angus Taylor has made his appeal to the public, even though they…

Unveiling Angus Taylor: Mastermind Strategist or Contentious Deal-Maker?

After more than ten years navigating the tumultuous waters of politics and…
Katelyn Hughes, 29, and her husband Joel have spent  $50,000 on IVF trying to start a family.

Couple’s $50,000 Battle for Basic Rights: The High Cost of What Many Aussies Receive Free

Exclusive: Katelyn Hughes, 29, and her husband Joel always wanted to be…
Donald Day Jr, 60, was charged a year later in the US with making threats to public figures and FBI agents.

US Man Sentenced: Shocking Connection to Wieambilla Police Shooting Unveiled

An American man who spent a year discussing extreme conspiracies with a…
Virginia Giuffre

Virginia Giuffre Estate Dispute Heats Up: Latest Developments in Washington

In April, Ms. Giuffre, aged 41, known for having settled a sexual…

US Border Chief Reveals End to Minnesota Immigration Crackdown

President Donald Trump has decided to halt the controversial deportation initiative in…
Sussan Ley MP during a press conference after loosing the Liberal Party leadership to Angus Taylor MP at Parliament House in Canberra on February 13, 2026. fedpol Photo: Dominic Lorrimer

Sussan Ley Announces Exit from Politics Following Leadership Loss

Ley, who was first elected as Farre.r MP in south-western NSW in…
A man has been found alive after surviving almost four days without any food, water or supplies in rugged bushland in Tasmania.

Man Discovered Alive After Nearly Four Days Missing in Challenging Bushland Terrain

A man has been found alive after surviving almost four days without…
Librarian and PhD student Damien Linnane spent a decade trying to fix the prison healthcare system, only to find out he - and everyone else - was going about it the wrong way.

Debunking the Myth: Australia’s Unwritten Prison Rule Exposed

Damien Linnane, who endured 10 months of incarceration, is acutely aware of…
Caitlyn Goodman is a third-year carpentry apprentice in Victoria.

Could Innovative Homes Like Caitlyn’s Be the Solution to the Housing Crisis?

During her childhood, Caitlyn Goodman, one of four sisters, never imagined she…