North Korean Hackers: $1bn Cryptocurrency Theft in 2023

North Korean Cybercriminals Steal Over $1 Billion in Cryptocurrency Despite Diminishing Returns

The notorious cybercriminals from North Korea managed to steal more than $1 billion in cryptocurrency in 2022, according to a report by U.S. blockchain analytics firm, Chainalysis. Despite a decrease in their haul compared to the previous year, the collective thefts by Pyongyang-backed threat groups still accounted for a third of global cryptocurrency thefts worldwide. This marks North Korea’s second-highest year of cryptocurrency thefts, cementing their status as a prominent player in the cybercrime landscape.