North Korea stole over $600M in cryptocurrency in 2024, US and allies confirm | NK News
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January 15, 2025

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North Korea stole over $600M in cryptocurrency in 2024, US and allies confirm

US, ROK and Japan emphasize need for greater collaboration between public and private sectors to counter DPRK threat

The U.S., South Korea and Japan confirmed that North Korea stole over $600 million in cryptocurrency in 2024 to fund its nuclear and missile development, emphasizing the need for greater collaboration between the public and private sectors to counter Pyongyang’s threat to virtual currency services.

In a joint statement released on Tuesday, the three countries warned of ongoing attempts by North Korean cybercriminals and remote information technology (IT) workers to compromise private firms as part of their efforts to generate illicit revenue.

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