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FBI: North Korea Behind $100M Crypto Theft

  • #World
  • #United States of America
  • #North Korea
  • #Russia
  • #Cybercrime
  • #Computer Science
  • #Finance
  • #South Korea
  • #Computers & internet
  • #Military
story
JAN 2023
Image copyright: Reuters [via Al Jazeera]
story last updated JAN 2023

The Spin

Narrative A

It's not unusual for North Korean state-backed hacking groups to perpetrate highly lucrative cyber hacks. For a country that's subject to heavy sanctions, stealing cryptocurrency is an easy way to get much-needed funds. However, government regulators have successfully employed diplomatic, information, and military tools, to counter such crimes and proven themselves prepared to prevent all sorts of cyber attacks.

Radio Free Asia

Narrative B

North Korea's cybercrime program is multifaceted. It targets banks, cryptocurrency exchanges, and individual users, with methods including bank heists and ransomware attacks. The true extent of its success is difficult to quantify, but a 2019 UN report estimated that the country had raised as much as $2B through cybercrime, bringing into question the effectiveness of US sanctions. It's time for a different approach.

New Yorker

Establishment-critical narrative

These baseless accusations are hypocritical coming from the US, one of the world's main ringleaders of cyber attacks. The sole goal is to smear North Korea and justify the sanctions and pressure campaign waged against it.

KCNA Watch

Establishment split

CRITICAL

PRO

North Korea behind $100m crypto theft, FBI says
Al JazeeraJUL 2023
FBI says North Korea-related hacker group behind US crypto firm heist
FOX NewsJUL 2023
FBI says North Korea-backed hackers stole $100 million from crypto firm Harmony's Horizon Bridge
Business InsiderJUL 2023
FBI blames North Korea for $100 million crypto heist
CNNJUL 2023

More neutral establishment stance articles

FBI accuses North Korean government hackers of stealing $100M in Harmony bridge theft
TechCrunchJUL 2023