United Nations Security Council: Cyberattacks by North Korean hackers on cryptocurrency companies caused losses of approximately $3 billion

ChainCatcher news, according to Nikkei, the United Nations Security Council has released the final report of the expert group reviewing the implementation of sanctions against North Korea. The report indicates that approximately 50% of North Korea's foreign exchange income comes from cyberattacks. North Korea is under investigation for allegedly participating in cyberattacks against companies related to crypto assets (virtual currencies), which have caused losses of about $3 billion.

It is reported that the expert group investigated the implementation of sanctions against North Korea from July 2023 to January 2024, revealing methods used to evade sanctions. The report is not legally binding, but the Security Council or member states may impose new sanctions on organizations or individuals that violate the rules based on the report.