Written by 2:00 am Cryptocurrency

NKorea’s nuclear program is funded by stolen cryptocurrency. Could it collapse?

Since the world’s second-largest crypto exchange, FTX, declared bankruptcy earlier last month, the flow-on effects have been felt far and wide.

But among the many victims are also some not-so-innocent parties. For the Democratic People’s Republic of Korea, a country facing heavy sanctions, cryptocurrency theft has been a (relatively) simple way to fund the country’s expanding nuclear arsenal.

Source link