World News

445 readers

571 users here now

Please help and contribute as we vote on rules:
https://quokk.au/post/21590

Other Great Communities:

Rules

Be excellent to each other

founded 10 months ago

MODERATORS

Deceptichum@quokk.au

Quokka@quokk.au

Grainne@lemmy.dbzer0.com

PhilipTheBucket@quokk.au

295

North Korea steals $1.5bn as it pulls off world’s biggest ever heist (www.aol.com)

submitted 5 months ago by Domino to c/world@quokk.au

70 comments fedilink hide all child comments

The hackers stole more cryptocurrency in one attack than all the funds stolen by North Korean cyber criminals in 2024, when the rogue state’s cyber attackers made off with around $1.3bn in digital coins, according to cryptocurrency analysts Chainalysis.

you are viewing a single comment's thread
view the rest of the comments

[–] GenosseFlosse@feddit.org 37 points 5 months ago (1 children)

Isn't it only worth 1.5 billion if you manage to sell it? How would you liquidate this much crypto?

[–] nomy@lemmy.zip 42 points 5 months ago

Launder it and slowly sell it off through sock puppets.

They're a nation-state level actor, they have significant resources of their own and solid ties to both China and Russia, who are even more skilled and have even more resources.