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How North Korea makes a fortune stealing crypto

How North Korea makes a fortune stealing crypto

As international sanctions have cut into North Korea's ability to import and export things, they've become desperate for cash. They've been running crazy schemes to get it — smuggling, stealing, lying, cheating, swashbuckling — but that's nothing compared to what they make from stealing cryptocurrency. In fact, most of their foreign currency now comes from stolen crypto. So, can anything be done to stop the world's first nuclear-armed crypto bro, Kim Jong-un? Subscribe to If You're Listening on the ABC Listen app. Catch up on our series about the Israel-Gaza conflict on YouTube: https://www.youtube.com/watch?v=q7eK8MO7c0Q

If You're Listening · Australian Broadcasting Corporation

November 15, 202316m 53s

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Show Notes

As international sanctions have cut into North Korea's ability to import and export things, they've become desperate for cash.

They've been running crazy schemes to get it — smuggling, stealing, lying, cheating, swashbuckling — but that's nothing compared to what they make from stealing cryptocurrency.

In fact, most of their foreign currency now comes from stolen crypto.

So, can anything be done to stop the world's first nuclear-armed crypto bro, Kim Jong-un?

Subscribe to If You're Listening on the ABC Listen app.

Catch up on our series about the Israel-Gaza conflict on YouTube: https://www.youtube.com/watch?v=q7eK8MO7c0Q