North Korean hackers stole $721 million in cryptocurrency from Japan - Nikkei
- Asia
- Reuters
- Published Date: 12:03 | 15 May 2023
- Modified Date: 01:26 | 15 May 2023
Hacker groups affiliated with North Korea have stolen $721 million worth of cryptocurrency assets from Japan since 2017, the Nikkei business daily reported on Monday, citing a study by U.K. blockchain analysis provider Ellptic.
The amount is equal to 30% of the total of such losses globally, the Nikkei reported.
The report comes after Group of Seven finance ministers and central bank governors said in a statement on Saturday that they support measures to counter growing threats from illicit activities by state actors, such as the theft of crypto-assets.
According to Elliptic, which conducted the analysis on behalf of the Japanese newspaper, North Korea has stolen a total of $2.3 billion in cryptocurrency from businesses between 2017 and 2022.