As international sanctions have cut into North Korea’s ability to import and export things, they’ve become desperate for cash.
They’ve been running crazy schemes to get it – smuggling, stealing, lying, cheating, swashbuckling – but that’s nothing compared to what they make from stealing cryptocurrency.
In fact, most of their foreign currency now comes from stolen crypto.
So, can anything be done to stop the world’s first nuclear-armed crypto bro, Kim Jong-un?
Matt Bevan takes a look.
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22 Comments
Silly
I love this stuff. The world is so out of control and we’re helpless to fix it.
They got a cash crab in the net.
You didnt tell us HOW N Korea is stealing the crypto??
No sh*t. Like we don't already know.
love the presentation! but to be fair, real life is the real comedian. every single side story is a joke by itself, like after the obama speech hollywood started to self censor for a dictator that didn't even demanded it, tough sanctions on nk only came after a mad man like trump threatened total destruction, wanna cry hitting chronically underfunded public services the hardest (killing random innocent people) while no big company had to pay ransom, etc. RL is really the funniest show ever
You see, the infantile restrictions that the West imposes on capital flow into communist countries because "red under the bed", the insane ethos of the Cold War, means that communist countries must either lick the boots of western institutions or get capital illegally. If we simply decided to treat North Korea as another country, all this would disappear. But, hey, the Empire must be maintained at any cost, even if Australians must relinquish sovereignty.
The thing about our democracy is that we always get dickheads who have sold out to the Empire.
😂
Axie Infinity isn’t a scam, I would take that down before the ABC get sued. It’s very much a live product
No I'm not listening to you anymore
Just like this country. While the people struggle and continues to pay more for less our leaders continue living the high life while increasing their wealth on the back of others.
Be funny if people walked away from Crypto because he made it worthless
Is the background music at the start a rip off of Darude – Sandstorm? lmao
3:08 yes they can just look at their precision guided munitions
crime is committed with every currency that exists.
People who get their crypto stolen clearly don’t understand the responsibility that comes with owning this kinda of currency
When you're facing the most punishing sanctions ever imposed on a country by the US and its allies-you turn to alternate income to feed the people and protect the nation.
Sam Wankman-Fraud should've just blamed north korea bro 😂
This is exactly why I have all my money safely invested with this Nigerian prince I met online…
Is this why we have all the Crypto Amazon bots?
Funny thing about North Korea is that they live like the progressives want us to live. No energy, no diversity of opinion, and all power in the hands of an elite.
The piece doesn't really touch on how the North Koreans convert that crypto into cash. That's a key thing for the UN to focus on. BTC has no value to them if it can't be cashed out. The whole thing should be banned for eternity.
The American have been stolen oil, gold, land, money, just about everything. The Bristish just as worse. France, Australia, all stolen. but North Korea. Kim is the worst and we need to call him out.