North Korean hackers said to have stolen nearly $400 million in cryptocurrency last year – Erie News Now

“North Korea is, in most respects, cut off from the global financial system by a long sanctions campaign by the US and foreign partners.” said Nick Carlsen, analyst at blockchain intelligence firm TRM Labs. “As a result they have taken to the digital battlefield to steal crypto in, essentially, [a] bank robbery at the speed of the internet, to fund weapons programs, nuclear proliferation and other destabilizing activities.”