North Korea loses millions from its stolen funds amid market crash.

June 29, 2022

According to different reports, North Korea has so far accumulated $1.59 billion in stolen funds.

According to the Chainalysis report, North Korea held about $179 million unlaundered cryptocurrency stolen crypto funds over the last four years.

The value of those cryptocurrencies has now declined to $63 million.

The crash in the crypto market may affect DPRK’s plans to fund its weapons programmes.

North Korea tested a record number of missiles this year- estimated $620 million.

One of North Korea's largest cryptocurrency caches from a 2021 heist is now only worth $10 million.

According to analysts, what might have been worth tens of millions of dollars in 2021 is likely to be worth less than $10 million.