US Treasury Claims North Korean Weapons Program Is Funded By Crypto’s From Hacking Group Lazarus

2019-9-14 18:04

The U. S. Treasury Department said Friday that North Korean state-sponsored hacking groups attacked critical infrastructure, drawing illicit funds that ultimately funded the country’s weapons and missile programs.

Sigal Mandelker, Treasury Under Secretary for Terrorism and Financial Intelligence, states: “Treasury is taking action against North Korean hacking groups that have been perpetrating cyberattacks to support illicit […].

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treasury korean north hacking illicit groups funded

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US sanctions against 3 North Korean cyber groups accused of targeting financial institutions and crypto exchanges

The US shares a complicated relationship with North Korea and it is getting, even more, complex. The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on Friday, sanctions against three North Korean hacking groups accused of attacking important institutions, malicious cyber-attacks and stealing millions from cryptocurrency exchanges to financial institutions.

2019-9-14 13:00


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