North Korea apparently uses pirated funds to finance its new nuclear adventures. This is according to a new investigation that involves all the intrigue of U.S. Intelligence, South Korean politicians, and an ex-Ethereum developer who now resides in an American jail.
International investigators say North Korea has stolen "hundreds of millions in digital assets" to develop a nuclear weapons program. In parallel, in South Korean political circles, politicians are accused of having ties to crypto developer Virgil Griffith. Griffith is a previous developer of Ethereum. He was sentenced to over five years in prison in the United States for aiding North Korea to avoid sanctions.
The development comes as pyongyang asserts that its last missile launch is a "simulation" of a potential future attack against South Korea. Even if there were no nuclear weapons in the missile launch, North Korea would have to conduct its first nuclear weapons test in five years. That's coming up next week.
According to intelligence reports from South Korea, the project is financed primarily through stolen cryptography.
North Korea hackers to fund the event
is the UN Security Council’s North Korean sanctions committee. They have blamed North Korean hacker groups such as Lazarus for attacking HarmonyRonin Bridge. These hacks have been wildly successful, net the evil millions of dollars in crypto value.
The Committee said North Korean hackers have used "social engineering piracy methods." Hackers infiltrate systems and chase individual victims in order to force the opening of project vulnerabilities.
The committee added that such hacks are so profitable that hacker groups like BlueNoroff are now focusing on crypto theft alone to bring in income streams. Bluenoroff was charged by the western powers for attacking the Bangladeshi central bank in 2016.
The sanctions committee has stated that such attacks are likely to continue in the future.
South Korean nuclear program, financing and politics.
According to an article in Digital Today, the crypto hacking scandal is causing runctions between the largest party the South Korea – The Democratic Party – and the People’s Power Party. He checks the executive.
Han Dong-Hoon, the Minister of Justice, recently went to the United States to investigate the Democrats' relationship with Virgil Griffith. The Democrats say that the leaders of the People's Power Party are trying to make one between virgil griffith and lee jae-myung, the president of the Democratic Party.
However, Virgil Griffith is known to have had contacts in South Korea. We thought Griffith was into Park Won-soon, a former mayor of Seoul. It's been two years since Park killed himself.
Allegedly, papers have been discovered that showed South Korean politicians were planning an “Ethereum server research center in North Korea.”
Cooperation in investigations
Han Dong-Hoon stated that it was just "to cooperate with the US" on issues related to cryptography, and he was not free to "divulge specific details" about previous visits to the US.
The intrigue is getting thicker.
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