{"id":550221,"date":"2023-02-10T12:26:03","date_gmt":"2023-02-10T09:26:03","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/south-korea-sets-independent-sanctions-for-crypto-theft-against-north-korea\/"},"modified":"2023-02-10T12:26:03","modified_gmt":"2023-02-10T09:26:03","slug":"south-korea-sets-independent-sanctions-for-crypto-theft-against-north-korea","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/south-korea-sets-independent-sanctions-for-crypto-theft-against-north-korea\/","title":{"rendered":"# South Korea sets independent sanctions for crypto theft against North Korea"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4113db18cca\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4113db18cca\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/south-korea-sets-independent-sanctions-for-crypto-theft-against-north-korea\/#%E2%80%9D_South_Korea_sets_independent_sanctions_for_crypto_theft_against_North_Korea_%E2%80%9C\" >&#8221; South Korea sets independent sanctions for crypto theft against North Korea  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_South_Korea_sets_independent_sanctions_for_crypto_theft_against_North_Korea_%E2%80%9C\"><\/span>&#8221; South Korea sets independent sanctions for crypto theft against North Korea  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-4bbf85c5>South Korea announced its first independent sanctions related to cryptocurrency thefts and cyber attacks against certain North Korean groups and individuals.<\/p>\n<p>According to Seoul&#8217;s Ministry of Foreign Affairs, four North Korean individuals and seven businesses have been placed on a blacklist for their alleged involvement in cyberattacks and cryptocurrency theft, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/m.koreaherald.com\/view.php?ud=20230210000611\">reported <\/a>a local daily. The blacklisted individuals include the infamous Park Jin-hyok, Jo Myong-rae, Song Rim and Oh Chung-seong. <\/p>\n<p>The most notorious of the four hackers, Park, works in information <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> for the Chosun Expo Joint Venture, a front company connected to the Lazarus Group in North Korea. He is well-known for participating in the WannaCry ransomware assault in 2017 and the cyberattack on Sony Pictures Entertainment in November 2014. The United States Treasury placed him on a blacklist in 2018.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/826ab7dc-7121-4f80-b8f7-4aa48436f39c.png\"><figcaption style=\"text-align: center;\"><em>FBI Wanted poster against N.Korean hacker. Source: FBI<\/em><\/figcaption><\/figure>\n<p>According to information provided by the Foreign Ministry, North Korean hackers have stolen virtual assets worth over $1.2 billion since 2017, including $626 million in 2022 alone. As Cointelegraph reported earlier, a confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year. The UN report put the theft amount between $650 million and $1 billion.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/a8845afa-fe6d-4264-ac0f-e0663a95faf1.png\"><figcaption style=\"text-align: center;\"><em>North Korean hackers have been stealing more crypto than ever before. Source Chainalysis<\/em><\/figcaption><\/figure>\n<p>The independent sanctions against North Korean hackers and hacker groups come just hours after South Korea and the U.S. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.nsa.gov\/Press-Room\/Press-Releases-Statements\/Press-Release-View\/Article\/3293960\/us-south-korean-agencies-partner-to-stopransomware-threat-from-dprk\/\">announced <\/a>a joint cyber security venture against ransomware attacks. The National Intelligence Service of South Korea, in coordination with the National Security Agency (NSA) and other U.S. intelligence organisations, released a joint cybersecurity alert on the threat posed by ransomware from North Korea.<\/p>\n<p><strong><u>Related: <\/u><\/strong><strong>North Korea\u2019s Lazarus Group masterminded $100M Harmony hack: FBI confirms<\/strong><\/p>\n<p>These cyber activities, which are frequently connected to the Reconnaissance <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a> Bureau, the North&#8217;s military intelligence agency, are thought to be one of the country\u2019s main sources of funding for its nuclear and missile programmes despite the country being subject to severe international sanctions.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/south-korea-sets-independent-sanctions-for-crypto-theft-against-north-korea\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; South Korea sets independent sanctions for crypto theft against North Korea &#8220; South Korea announced its first independent sanctions related to cryptocurrency thefts and cyber attacks against certain North Korean groups and individuals. According to Seoul&#8217;s Ministry of Foreign Affairs, four North Korean individuals and seven businesses have been placed on a blacklist for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":550222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/7a45cba8-3666-4671-9120-a707afce88c3.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,27926,70934,72420],"class_list":["post-550221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-north-korea","tag-regulation","tag-south-korea"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/550221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=550221"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/550221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/550222"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=550221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=550221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=550221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}