“North Korea Linked to $2.8 Billion in Crypto Thefts Amid Global Regulatory Gaps”

Reports from Asia indicate that North Korea–linked cyber groups stole approximately $2.84 billion worth of crypto assets between 2024 and 2025. Much of the stolen funds were allegedly laundered through China-based networks, converting them into fiat currencies.

This highlights the ongoing geopolitical and cybersecurity vulnerabilities of the global crypto ecosystem.

Meanwhile, the Financial Stability Board (FSB) warned of significant fragmentation and inconsistency in crypto regulation across different jurisdictions. This lack of global alignment continues to create uncertainty for investors in Europe, the U.S., and Asia.

Experts caution that weak international coordination offers opportunities for malicious actors and undermines market integrity.

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