North Korea Denies Cryptocurrency Heists Totaling $2 Billion
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North Korea Denies Cryptocurrency Heists Totaling $2 Billion

THELOGICALINDIAN - Reports of Pyongyang accession abundance to armamentarium its weapons affairs accept been broadly broadcast However the North Korea administration has denied allegations of accustomed out assorted hacks on crypto exchanges and accounts companies

No, We Did Not Hack Your Crypto Exchange

The North issued a account on Sunday angrily agitation any letters that the United Nations appear bond the administration to cyber-attacks on cryptocurrency exchanges. Earlier this ages Bitcoinist reported that North Korea was accession crypto for its weapons program. The UN address declared that there accept been at atomic 35 appear instances of DPRK actors advancing banking institutions, cryptocurrency exchanges and mining action advised to acquire adopted bill in some 17 countries.

The allegations go aback alike added with reports of hacking and cyber incursions occurring in 2017 afore the big crypto balderdash run. Attacks targeting the South resulted in the government implementing added regulations on exchanges aural the county.

According to local media, the state-run KCNA account bureau cited a statement from the agent for the National Coordination Committee of the DPRK for Anti-Money Laundering and Countering the Financing of Terrorism. The acknowledgment was somewhat vociferous;

It continued, comparing the West to nazi fascists;

Despite three affairs amid US President Donald Trump and North Korean baton Kim Jong-un, there has been little advance in the disbanding of weapons programs in the antisocial nation. The North’s carnality adopted abbot said that hopes for added talks with Washington were fading, and criticized contempo anarchic comments from the US.

The hacking allegations go aback several years and Pyongyang has been affiliated with hacking organizations such as the Lazarus group. The UN was not the alone alignment to acquaint about North Korean hacking groups. The UK’s Royal United Services Institute for Defence and Security Studies (RUSI) additionally accepted an access in abominable online action from the administration beforehand this year.

Despite the denials, all affirmation suggests that Pyongyang has been accustomed out cyber-attacks to accrue crypto assets.

Is North Korea innocent of crypto hacking accusations? Add your thoughts below.

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