North Korea’s state press has hit back at a UN report accusing Kim Jong Un’s regime of stealing billions from banks and crypto exchanges to fund its nuclear program. | Source: Shutterstock
By CCN Markets: North Korea (DPRK) is sniffing out angry flames after getting accused of siphoning $2 billion from banks and bitcoin exchanges.
The communist state denied having any links with the high-profile thefts. Its state-run news agency KCNA stated that the United States and their allies are spreading “ill-hearted” lies. The media firm cited a statement from the spokesperson for the National Coordination Committee of the DPRK, stating:
“Such a fabrication by the hostile forces is nothing but a sort of a nasty game aimed at tarnishing the image of our Republic and finding justification for sanctions and pressure campaign against the DPRK.”
North Korea Nuclear Weapon Programs
A United Nations report last month said Pyongyang had launched “widespread and increasingly sophisticated” online attacks on banks and cryptocurrency exchanges. The hermit kingdom allegedly amassed $2 billion to fund its weapon of mass destruction programs. The report added that the country’s intelligence agency, the Reconnaissance General Bureau, supervised the said cyberattacks.
North Korea’s denial comes almost two weeks after it criticized the US and South Korea for making continuous “military threats” against the communist state. The statements dispirited growing expectations for a quick resolution of talks on denuclearization, which arose specifically after South Korea’s national security adviser, Kim Hyun-Chong met with his US counterpart Stephen Biegun in Seoul. Hyun-Chong confirmed Pyangyong would restart denuclearization talks soon.
“We’re in the world of missiles, folks, whether you like it or not.” Here’s the transcript of the Trump-Abe-media exchange on North Korea’s missile launches: pic.twitter.com/9AQeyLoktU
— Daniel Dale (@ddale8) August 25,