The collapse of FTX.com and its far-reaching impacts will hinder North Korea’s ability to profit from cryptocurrency hacks, Troy Stangarone, senior director at the Korea Economic Institute of America (KEI), wrote in the online news magazine The Diplomat. North Korea has been funding its nuclear and ballistic missile programs with profits from cyberattacks on crypto exchanges, Reuters reported earlier this year, citing a confidential United Nations report. (forkast)
All Comments