News North Korean hackers using NFTs to steal and launder funds: UN reportDPRK has been linked to multiple NFT schemes, and expert says it could manipulate token values to drive illicit gains North Korea’s cyber warriors have leveraged the craze over nonfungible tokens, or NFTs, to help launder the proceeds of cyber crime and generate funds for its weapons of mass destruction programs, a forthcoming U.N. report seen by NK Pro states. According to information from an unnamed country provided to the U.N. Panel of Experts on North Korea, several “NFT incidents” linked to the DPRK began cropping up near the end of 2021. The report offers little additional information about the specific incidents aside from the widely reported $620 million mega-heist from Axie Infinity earlier this year © Korea Risk Group. All rights reserved. |