Opinion piece: North Korea may evade UN Sanctions with Bitcoin – Bitcoints

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Published on September 15th, 2017 | by bitcoin

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Opinion piece: North Korea may evade UN Sanctions with Bitcoin

The latest round of sanctions imposed on North Korea by the UN is aimed at targeting some of the country’s biggest external revenue streams.
A complete ban on all textiles from North Korea could cost the regime close to a billion dollars and some insiders say North Koreans are already feeling the squeeze as a result of earlier sanctions.
It is reported that Kim Jong UN’s regime is targeting South Korean cryptocurrency exchanges, with at least three confirmed successful attacks.
North Korea has an army of hackers who are constantly targeting South Korea, the hectic trading hub for cryptocurrency.
At the moment, there’s no evidence of North Korean attacks on cryptocurrency exchanges outside of South Korea.

Source: Cointelegraph.com



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