Wall Street

Crypto crash threatens North Korea’s stolen funds as it ramps up weapons tests

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Reuters

By Josh Smith SEOUL (Reuters) -The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes. North Korea has poured resources into stealing cryptocurrencies in recent years, making it a potent hacking threat and leading to one of the largest cryptocurrency heists on record in March, in which almost $615 million was stolen, according to the U.S. Treasury. The sudden plunge in crypto values, which started in May ami…

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