North Korean Cybercriminals Carry Out the Largest Crypto Hack in History New FDD Policy Brief by...

The FBI formally blamed North Korean cybercriminals for a record-breaking $6.3 billion cryptocurrency theft from the Binance exchange, executing the attack in just 20 minutes. The authors argue that U.S. and international law enforcement must ramp up sanctions against Chinese financial institutions used for laundering and collaborate closely with foreign partners to choke off the regime's funding for its weapons of mass destruction. Open article →