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North Korea stole as much as $1bn in crypto assets: U.N. report

Panel investigating suspected exports of ammo and equipment to Russia

The report to the U.N. Security Council found that North Korea's nuclear and missile programs accelerated last year under leader Kim Jong Un. (KCNA via Reuters)

NEW YORK -- North Korea stole a record sum of cryptocurrency last year and may be sending military communications equipment to Russia, according to an annual report to the U.N. Security Council.

The report, released Wednesday by a panel tracking the implementation of sanctions against Pyongyang, estimated the amount of stolen virtual assets from $630 million to over $1 billion, more than double the 2021 total.

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