U.S., Japan, and South Korea issue joint statement: North Korean hackers stole $1.3 billion in cryptocurrency last year
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U.S., Japan, and South Korea issue joint statement: North Korean hackers stole $1.3 billion in cryptocurrency last year
The three countries stated in the joint statement that they will work together to prevent funds from being stolen and are committed to recovering stolen funds in order to stop North Korea from obtaining illicit revenue for its weapons of mass destruction and ballistic missile programs.
Navigating Web3 tides with focused insightsTechFlow news — On January 15, according to Tokenpost, the governments of the United States, Japan, and South Korea issued a joint statement warning of the serious threat posed by North Korean hackers to the international financial system. Data from blockchain analytics firm Chainalysis shows that in 2024, North Korean hackers stole approximately $1.34 billion in digital assets through 47 attacks, a 102% increase compared to $660 million in 2023.
In detail, North Korean hacking groups such as Lazarus Group have targeted multiple projects, including stealing $600 million from Ronin Network and $230 million from WazirX. Additionally, they stole $305 million from DMM Bitcoin, $50 million from Upbit, $50 million from Radiant Capital, and $16 million from Rain Management.
In the joint statement, the three countries said they will work together to prevent theft of funds and are committed to recovering stolen assets, aiming to stop North Korea from obtaining illicit revenue for its weapons of mass destruction and ballistic missile programs.
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