Crypto market crash wipes out millions from North Korea's stolen crypto funds
Cointelegraph
Published Jun 29, 2022 07:01AM ET
Updated Jun 29, 2022 08:40PM ET
North Korea leads the world in crypto crime, with over 15 documented instances of cyber theft amounting to $1.59 billion in stolen funds. However, the recent crypto market turmoil has wiped out millions of dollars from the country’s stolen crypto portfolio.
The crypto market rundown that started in May wiped out hundreds of billions of dollars from the crypto industry, where most of the crypto assets fell by over 70% from their top. As a result majority of stolen crypto funds by the Democratic People's Republic of Korea (DPRK) hackers have registered a significant plunge as well.
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Written By: Cointelegraph
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