Advertisement“As Western sanctions have bitten since 2006, North Korea has progressively invested more and more in cyber capability. According to blockchain analysis firm Chainalysis, $US3.8 billion was stolen from cryptocurrency businesses by hackers last year, including $US775.7 million in October. North Korean cybercrime syndicate Lazarus Group was linked to $US1.7 billion of cryptocurrency stolen by hackers in 2022. Mr Craven debuted on the Financial Review Young Rich List in 2022 with an estimated $1.1 billion fortune. According to company accounts obtained by the Financial Times, Stake.com had $US2.5 billion in gross gaming revenue in 2022.

Source: The North Africa Journal September 08, 2023 09:35 UTC