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Will North Korea be the death of Bitcoin?

Pyongyang's $400m crypto haul is bad news for bellwether digital currency

| North Korea
The success of state-sponsored crypto heists will say much about the stability of Kim Jong Un's economy and nuclear ambitions.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

If U.S. President Joe Biden thinks his sanctions on North Korea will curb Kim Jong Un's behavior, he is not paying attention to cryptocurrency markets.

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