North Korea is really good at stealing cryptocurrency! They recently took $1.5 billion from a company called Bybit. But hiding that much money is tricky.
They can't just use normal banks because those banks check who's sending money to stop bad guys. So, North Korea uses secret methods to change their cryptocurrency into regular money.
It's like a game of hide-and-seek with money!
- North Korea steals crypto and tries to turn it into cash.
- They use secret ways to hide where the money came from.
- Countries are working together to stop them.
Fact | Number |
---|---|
Money stolen by North Korea since 2017 | Over $5 billion |
Money stolen from Bybit | $1.5 billion |
Average monthly money laundering needed | At least $51 million |