Kim Jong Un’s North Korea Runs Mafia-Like Cyber Operation Laundering 13,562 BTC Through U.S. Marketplace, Funds Nuclear Program

North Korea has developed a sophisticated and clandestine global cyber operation that experts compare to a mafia syndicate, according to a report by DTEX Systems

North Korea has developed a sophisticated and clandestine global cyber operation that experts compare to a mafia syndicate, according to a report by DTEX Systems. The regime, led by Kim Jong Un, employs thousands of IT professionals who infiltrate Western companies, including those in the U.S. and Europe, by stealing or faking identities to secure remote jobs. These workers funnel stolen and laundered cryptocurrency, including 13,562 bitcoins, through a Chinese-language marketplace registered in the United States, ranking North Korea fifth among government Bitcoin holders. The funds generated from these cyber activities are reportedly used to finance North Korea’s nuclear program. The cyber operations target multiple Western countries, including France, and involve advanced techniques to infiltrate corporate systems.

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Source: https://thedefiant.io/news/hacks/kim-jong-uns-north-korea-runs-mafia-like-cyber-operation-laundering-13562-btc-u-2f61744b