Skip to content
Subscriber Only
Politics
Crypto

U.S. Sues to Tap Crypto Accounts Tied to North Korean Hack

  • North Korea keeps building military arsenal despite sanctions
  • State media says Kim oversaw ‘firepower strike drill’
Updated on
From

The U.S. sued to gain control of cryptocurrency accounts North Korea allegedly used to steal more than $250 million from Bitcoin and Ether exchanges in 2018 in a move that comes as Kim Jong Un’s regime launched one of its biggest military provocations in months.

The suit filed in federal court in Washington on Monday seeks the forfeiture of 113 accounts. According to the complaint, the hackers used phishing emails containing malware to target the exchanges, which were located in South Korea and elsewhere.