Kim Jong Un is angry, Trump wants to confiscate North Korea’s ‘treasure’!
Jakarta, CNBC Indonesia – The United States government is trying to confiscate 280 accounts cryptocurrency used by hackers North Korea. They allegedly stole millions of dollars of cryptocurrency from two virtual exchanges and used Chinese traders to launder funds.
The US Justice Department filed a civil confiscation complaint after charging two Chinese nationals with laundering more than US $ 100 million in cryptocurrency on behalf of North Korea in March.
“Today’s actions publicly exposed the ongoing link between North Korea’s cyber hacking program and China’s cryptocurrency money-laundering network,” Acting Assistant Attorney General Brian Rabbitt of the Justice Department’s criminal division said in a statement. 2020).
Cryptocurrencies, like bitcoin and ether, are created through a computer process called mining, which requires powerful hardware.
Once created, this currency can be exchanged on the anonymous online platform for other currencies such as the US dollar, enabling illegal activities such as money laundering and sanctions violations.
The United Nations (UN) Security Council has imposed sanctions on North Korea since 2006 in an attempt to stop funding Pyongyang’s nuclear and ballistic missile programs.
A 2019 UN report said North Korea had generated about US $ 2 billion in a weapons program of mass destruction using “widespread and increasingly sophisticated” cyberattacks to steal from banks and cryptocurrency exchanges.
UN experts say attacks on cryptocurrency exchanges have allowed North Korea to generate income without the supervision common in traditional banking channels.
But the North Korean government has denied the UN allegations, calling it a “fabrication” aimed at tarnishing the image of the country led by Kim Jong Un.
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