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North Korea Caught In Huge Bitcoin Criminal Scandal

Investors in the cryptocurrency have been celebrating the boom as the price of Bitcoin has incredibly risen from less than $1,000 at the start of the year to more than $17,000 right now.

However, experts have now revealed that Kim Jong-un may also be enjoying the Bitcoin boost considering hackers from North Korea have been stealing the digital currency, according to police.

NorthKorea Caught In Huge Bitcoin Criminal Scandal bitcoin web

These hackers could be earning a lot of money thanks to the price surge having used disguised emails to steal the cryptocurrency.

They have also been recently demanding it as ransom payments.

Lee Dong-geun, a director with South Korea’s state-run Korea Internet and Security Agency, told CNN:

It is a fact that North Korea has been attacking virtual currency exchanges.

We don’t know how much North Korea has stolen so far, but we do know that the police have confirmed the regime’s hacking attempts.

NorthKorea Caught In Huge Bitcoin Criminal Scandal bitcoin 2

According to the police although they are unsure about how much Bitcoin North Korea managed to get overall, it is certain that four different exchanges in South Korea that trade the cryptocurrency were targeted.

Back in July and August, the hackers sent malicious emails to the employees and since these traders also dealt in other digital currencies, it is likely that these were also stolen.

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Source: unilad

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