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Explained in plain English

Why would North Korea do it?

North Korea uses cybercrime, including crypto hacks, to generate revenue for its weapons programmes and to circumvent international sanctions. Its hacking unit, TraderTraitor, is known for sophisticated attacks on financial institutions, making them a significant threat in the digital landscape.

Stories that explain this

Binance halts withdrawals after $6.3bn hack, freezing half the stolen funds

Related explainers

How did the hacker get in? Who pays for crypto hacks? How do they freeze funds? Why is North Korea helping Russia? How does North Korea make money? Why does North Korea test missiles? Why are US-North Korea relations tense? Why won't North Korea apologise?

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