Posted on 01/17/2022 7:46:33 AM PST by BenLurkin
Ethereum-based cryptocurrencies saw a whopping total of $272 million in thefts in 2021 compared to a mere $161 million in 2020. This could be because these platforms are newer and therefore less secure. They have vulnerabilities that have yet to be identified and fixed and are therefore a better target for hackers looking to profit quickly.
Chainalysis further noted that the hacks were all carried out by APT 38, also known as the “Lazarus Group.” This group is led by the Democratic People’s Republic of Korea's primary intelligence agency, the U.S. and UN-sanctioned Reconnaissance General Bureau. It is currently believed that since 2018 the group has stolen and laundered in excess of $200 million in virtual currencies every year.
(Excerpt) Read more at interestingengineering.com ...
“$272 million in thefts in 2021 compared to a mere $161 million”
Wow, 272 million is a lot.
161 million is mere !!
I can’t wait to get me some crypto!
How much has been stolen off those trains in LA CA? We could hire NK to manage our feral inner cities and probably save money, make the world safer and clean our cities (Chicago, Baltimore, LA, SF, …) up.
I guess they have progressed from simply printing up $100 bills.
Stole versus extorted...
How are they not considered a direct subsidiary of China.
My thought exactly! I remember reading 25 or 30 years ago about how North Korea had somehow got hold of the actual plates and press used to print U.S. currency. They were busily churning out undetectable fakes. With this nifty imaginary digital currency there’s no need for all that messy ink and paper.
So, these NorKs have all this money now. But what do they have to spend it on?
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