Japan Urges G7 Action on North Korea’s Cryptocurrency Funding for Weapons Program

Japan will request that the G7 take coordinated action against North Korea’s use of cryptocurrency to finance its weapons program at a summit in Canada. The request comes as a result of a high-profile hack on DMM Bitcoin, one of Japan’s largest crypto exchanges, where authorities believe $307 million was stolen by hackers linked to the North Korean group known as TraderTraitor. This incident highlights the growing threat posed by cybercrime to national security and underscores Japan’s push for G7 cooperation to combat these activities.