North Korea-linked hacker groups have stolen cryptocurrency worth $721 million worth from Japan since 2017, business daily Nikkei reported on Monday.
The report comes on the heels of a declaration by the Group of Seven (G7) finance ministers and central bank governors on Saturday to support measures to counter growing threats from state actors. They referred specifically to illicit activities, such as the theft of crypto-assets.
According to Elliptic, which conducted the analysis on behalf of the Japanese newspaper, North Korea has stolen a total of $2.3 billion in cryptocurrency from businesses between 2017 and 2022.
- Reuters with additional editing by Vishakha Saxena