According to a study by TRM Labs, in 2023, hackers from North Korea successfully stole approximately $600 million worth of digital currencies. The majority of those affected were token holders from South Korea.
As a response, the United Nations has released a report that examines the repercussions of these attacks on crypto companies.
Over the course of six years, North Korean cybercriminals have illegally obtained over $3 billion through hacking services and Bitcoin wallets.
The UN conducted a study on 58 companies that offer cryptocurrency exchanges and storage services, with the attacks dating back six years. It has been reported that the stolen funds were used to fund North Korean defense projects and purchase essential goods.
The findings of this study will be shared with the public by the end of March 2024.