“North Korean cybercriminals had a banner year in 2021, launching at least seven attacks on cryptocurrency platforms.” bitcoin crypto $BTC
“Only 20% of the stolen funds were bitcoin … And for the first time ever, ether accounted for a majority of the funds stolen at 58%,” said blockchain data analytics firm Chainalysis.Blockchain analytics platform Chainalysis published an analysis on North Korean hackers and their unlaundered cryptocurrency holdings Thursday. The firm described:
Once North Korea gained custody of the funds, they began a careful laundering process to cover up and cash out. The firm also detailed that bitcoin now accounts for less than one-fourth of the cryptocurrencies stolen by North Korea, adding:
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