North Korea Uses Crypto Hack Funds to Develop Nuclear Weapons

North Korea seems to be using hacked funds to finance their new nuclear adventures. This is according to a new investigation that involves all the intrigue of U.S. Intelligence, South Korean politicians, and an ex-Ethereum developer who now resides in an American jail.

International investigators allege that North Korea stole “hundreds of millions of dollars in digital assets” to develop a nuclear weapons program. In parallel, in South Korean political circles, politicians are accused of having ties to crypto developer Virgil Griffith. Griffith is a former Ethereum developer. He was sentenced to more than five years in a U.S. prison for helping North Korea evade sanctions.

The development comes as Pyongyang claims its latest missile launch is a “simulation” of a possible future attack on South Korea. While the missile launch did not involve nuclear weapons, North Korea is set to conduct its first nuclear weapons test in five years. This is scheduled to happen in the coming week.

According to South Korea-US intelligence reports, the project is being funded mainly by stolen crypto.

North Korea hackers to fund the event

Yonhap is the UN Security Council’s North Korean sanctions committee. They have blamed North Korean hacker groups such as Lazarus for attacking Harmony and Ronin Bridge. These hacks were wildly successful, netting the baddies millions of dollars’ worth of crypto.

The Committee said that the North Korean hackers used “social engi