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ARTICLE · 21 JUNE 2023

North Korean Hackers Blamed For Huge Crypto Theft

The theft of at least $35 million from a popular cryptocurrency service is being blamed on North Korean hackers. A number of crypto-tracking experts have pointed an accusing finger...

North KoreaTechnology

Angelika Hellweger of financial crime specialists Rahman Ravelli details the latest crypto theft accusations made against North Korea.

The theft of at least $35 million from a popular cryptocurrency service is being blamed on North Korean hackers.

A number of crypto-tracking experts have pointed an accusing finger at hackers from North Korea over the emptying of a number of customer accounts at Estonia-based Atomic Wallet. The incident is being viewed as the latest in a number of attacks on cryptocurrency firms which officials in the United States believe are being carried out to help fund North Korea's nuclear and ballistic weapons programmes.

In the latest attack, hackers targeted some of the estimated five million users of Atomic Wallet software. The company has since said that less then 1% of its users appeared to have been affected by the hack. But it has not given a precise figure for the amount that was taken. Some of those who say they were victims have

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