North Korea’s Cybercrime Surge: $2.83 Billion Stolen from Cryptocurrency Exchanges

Recent reports reveal that North Korean cybercriminals have stolen a staggering $2.83 billion in cryptocurrency since the start of 2024. This illicit activity, according to the Multinational Sanctions Monitoring Team (MSMT), has resulted in a significant loss: over $1.64 billion during the first nine months of the year alone, representing almost one-third of North Korea’s projected foreign exchange income for 2024.