north-korea-denies-stealing-2-billion-in-crypto

North Korea denies stealing $2 billion in crypto

Stop fabricating lies against us – this is the message that North Korea is sending to the world. The country has been severally accused of being behind some of the largest cyber-attacks and crypto heists in the world. However, according to the state-run Korea Central News Agency, these accusations are lies that are being peddled by enemies of the country led by the U.S.

The spokesperson for the National Coordination Committee of the DPRK for Anti-Money Laundering and Countering the Financing of Terrorism issued a statement yesterday condemning the accusations. He accused the U.S. and other ‘hostile forces’ of being behind the lies. The spokesperson further insisted that there has been no scientific proof that the country is behind any of the cyber-attacks. Despite the lack of proof, even the U.N’s Security Council has fabricated the lies, the statement continued.

The statement likened the alleged false accusations to fascist propaganda stating, “The fabrication of such a sheer lie by the ringleaders of cyber crime and all other crimes is quite an absurd act aimed at re-enacting the same old trick as the Hitler fascist propagandists used to cling to, often saying “Tell a lie a hundred times and it will pass as a truth.”

The fabrication of these lies is meant to tarnish the image of North Korea internationally, the spokesperson continued. Further, such lies are being used to justify the imposing of sanctions against the country and to pressure the country’s government.

“We hereby warn that we will never ever tolerate any impudent act which impairs the dignity of our state and therefore, we will calculate, once and for all, the acts committed.”

The statement by North Korea comes after the country has been accused of stealing over $2 billion from crypto exchanges in a damning report by the United Nations. As CoinGeek reported last month, the money from the heists is reportedly used to develop weapons of mass destruction.

The U.N report also alleged that North Korean state-sponsored hackers have targeted banks using the SWIFT financial messaging protocol. The hackers have hit 17 countries, with neighboring South Korea being the hardest hit. India, Chile and Bangladesh were the other countries to witness multiple attacks.

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