Unpublished recently reviewed report According to Reuters, the United Nations (UN) sanctions monitor has claimed that North Korea has engaged in large-scale theft of crypto assets, amassing $3 billion through cyberattacks.
Nuclear modification and cryptocurrency cyber attack revealed
According to Reuters, the independent sanctions monitor said that despite international sanctions, north korea It continued to ignore regulations by expanding its nuclear arsenal and producing fissile material.
Observers also noted that the country had launched ballistic missiles, deployed a “tactical nuclear attack submarine” and placed a satellite into orbit.
A United Nations report points out that between 2017 and 2023, there were 58 suspected cyberattacks against virtual currency companies, amounting to approximately $3 billion.These attacks are said to have provided significant funding to North Korea Weapons of mass destruction (weapons of mass destruction) development.
The report states that a hacking group affiliated with North Korea’s main foreign intelligence agency, the Reconnaissance General Bureau, was responsible for these cyberattacks.
The monitor highlighted North Korea’s increasing tendency to target defense companies and supply chains and collaborate with other actors by sharing infrastructure and tools. The report also expressed concern about reports that North Korea is supplying conventional weapons and ammunition in violation of existing sanctions.
The U.N. report is expected to be released later this month or early next year, but North Korea’s U.N. mission has not yet responded to a request for comment on the sanctions monitors’ claims..
The Security Council has traditionally been deadlocked on the issue and is unlikely to take immediate action against North Korea, according to Reuters.
China and Russia are pushing for sanctions relief to “persuade” North Korea to return to denuclearization talks. Additionally, Russia and North Korea have recently vowed to strengthen military ties, although they have denied allegations of arms transfers.
North Korea’s illegal trade
North Korea is slowly beginning to rise despite the lockdown imposed amid the coronavirus pandemic, according to a report. A United Nations report reveals signs of trade recovery, with trade volume increasing in 2023 compared to 2022.
Notably, UN observers noted the re-emergence of foreign consumer goods, including potential luxury goods, prohibited under Security Council sanctions.
Sanctions monitors also investigated reports of violations by a number of North Korean nationals working abroad. sanctions, especially in the information technology, restaurant, and construction sectors. It turned out that these individuals had income that benefited the North Korean government.
Additionally, the report highlights that North Korea continues to gain access to the international financial system in defiance of UN Security Council resolutions and engages in illicit financial activities, including crypto assets.
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