North Korea steal $2bn to support its Ballistic Missile Program

Samuel Oskys14/08/20191min
North Korea has been actively conducting malicious cyber activity, generating funds to support its unlawful WMD (weapons of mass destruction) and ballistic missile programmes, according to a UN report.

Confidential reports say that Pyongyang, the capital of North Korea, has set its scope on banks and crypto-currency exchanges to collect funds, enhancing in effect their WDM (weapons of mass destruction) and missile programs even though it didn’t conduct any nuclear tests or missile launches. This pushed the UN to investigate and find at least 35 cyber-attacks.

According to sources, North Korea

“used cyberspace to launch increasingly sophisticated attacks to steal funds from financial institutions and cryptocurrency exchanges to generate income.”

They also used cyberspace to launder the money they stole. Additionally, North Korea’s attacks on the cryptocurrency exchanges generated income without being detected.

Donald Trump and Kim Jong Un have met 3 times and they both agreed to talk about Pyongyang giving up its nuclear weapons program. But talks are being stalled and in July 2019 there have been 3 short-range missile tests in just 8 days.

Since the completion of the UN report, the missile launches have enhanced their overall missile capabilities and this proves that North Korea is violating UN sanctions.

Samuel Oskys

Sam Oskys is a British born technology enthusiast, automotive lover, artist, author and editor. His inspiration has been his life experiences; his evolution and adaptation in society and life itself and as a result, translated these emotions into art and words within his work in this duration. Writing about trendy, technology, automotive and lifestyle-related material is what he mainly focuses on and he’s currently one of the authors for High Worth Citizen. Contact Sam at +357-22029786 ext: 6115 or by email at [email protected] for editorial related questions.

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