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South Korea says Pyongyang stole cryptocurrency worth billions of won last year

South Korea says Pyongyang stole cryptocurrency worth billions of won last year
South Korea earlier said that it has uncovered illegal cryptocurrency foreign exchange trading worth nearly $600 million. (Reuters)
Updated 05 February 2018

South Korea says Pyongyang stole cryptocurrency worth billions of won last year

South Korea says Pyongyang stole cryptocurrency worth billions of won last year

SEOUL: South Korea said on Monday that North Korea last year stole cryptocurrency from Seoul worth billions of won and that it was still trying to hack into its exchanges.
“North Korea sent emails that could hack into cryptocurrency exchanges and their customers’ private information and stole (cryptocurrency) worth billions of won,” said Kim Byung-kee, a member of South Korea’s parliamentary intelligence committee.
Kim did not disclose which exchanges were hacked.
He added that the country’s spy agency assumed that North Korea was continuously trying to hack into exchanges to steal cryptocurrency and that it was trying its best to prevent further hacking.