North Korea's government is believed to secretly own a massive amount of Bitcoin, making it the third-largest holder globally. This comes after a huge cryptocurrency theft linked to North Korean hackers. The stolen funds were largely converted into Bitcoin, boosting their holdings significantly. This situation raises concerns about cryptocurrency security and the use of digital currencies by nation-states.
- North Korea holds approximately 13,562 Bitcoins.
- This is worth about US$1.14 billion.
- The Lazarus Group, linked to North Korea, stole US$1.5 billion in cryptocurrency.
- This theft is considered the largest in history.
Country | Bitcoin Holdings (approx.) | Value (approx.) |
---|---|---|
United States | 198,109 | ~US$16 Billion (based on current market value) |
Britain | 61,245 | ~US$5 Billion (based on current market value) |
North Korea | 13,562 | ~US$1.14 Billion (based on news report) |