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Cyber Security
Independent · Digital
Thehackingpost
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News|CybercrimeNorth Korea accuses US of ‘wicked’ hostility over cybercrime sanctionsUS Treasury accuses Pyongyang of stealing $3bn in digital assets to finance its nuclear weapons programme over three years.

North Korea has denounced the latest United States sanctions targeting cybercrimes that the US says help finance its nuclear weapons programme, accusing Washington of harbouring “wicked” hostility towards Pyongyang and promising unspecified…

North Korea has denounced the latest United States sanctions targeting cybercrimes that the US says help finance its nuclear weapons programme, accusing Washington of harbouring “wicked” hostility towards Pyongyang and promising unspecified countermeasures.

The statement on Thursday by a North Korean vice foreign minister came two days after the US Department of the Treasury imposed sanctions on eight people and two firms, including North Korean bankers, for allegedly laundering money from cybercrime schemes.

Recommended Stories list of 3 itemslist 1 of 3Xi eyes deeper China-Russia ties despite ‘turbulent’ external conditionslist 2 of 3US eyes troop ‘flexibility’, increased defence spending in South Korealist 3 of 3North Korea’s former ‘head of state’ Kim Yong Nam dead at 97end of list The US Treasury accused North Korea of operating state-sponsored hacking schemes that have stolen more than $3bn in mostly digital assets over the past three years, an amount unmatched by any other foreign actor. The Treasury Department said the illicit funds helped finance the country’s nuclear weapons programme.

The department said North Korea relies on a network of banking representatives, financial institutions and shell companies in North Korea, China, Russia and elsewhere to launder funds obtained through IT worker fraud, cryptocurrency heists and sanctions evasion.

The Treasury Department said the illicit funds helped finance the country’s nuclear weapons programme.
Katherine Doyle · Thehackingpost

The sanctions were rolled out even as US President Donald Trump continues to express interest in reviving talks with North Korean leader Kim Jong Un. Their nuclear discussions during Trump’s first term collapsed in 2019 amid disagreements over trading relief from US-led sanctions on North Korea for steps to dismantle its nuclear programme.

“Now that the present US administration has clarified its stand to be hostile towards the DPRK to the last, we will also take proper measures to counter it with patience for any length of time,” the North Korean vice minister, Kim Un Chol, said in a statement.

Advertisement He said US sanctions and pressure tactics will never change the “present strategic situation” between the countries or alter North Korea’s “thinking and viewpoint”.

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Kim Jong Un has shunned any form of talks with Washington and Seoul since his fallout with Trump in 2019. He has since made Russia the focus of his foreign policy, sending thousands of soldiers , many of whom have died on the battlefield, and large amounts of military equipment for President Vladimir Putin’s war on Ukraine while pursuing an increasingly assertive strategy aimed at securing a larger role for North Korea in a united front against the US-led West.

In a recent speech, Kim Jong Un urged Washington to drop its demand for the North to surrender its nuclear weapons as a condition for resuming diplomacy. He ignored Trump’s proposal to meet while the US president was in South Korea last week for meetings with world leaders attending the Asia-Pacific Economic Cooperation summit.

Based on reporting by Al Jazeera.

AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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