“North Korea has gone to extremes to raise funds and evade international sanctions, recently expanding these efforts to include the exploitation of cryptocurrencies such as Bitcoin,” David Carlisle, a former official at the U.S. Treasury department’s office of terrorism and financial intelligence, and Kayla Izenman, a financial crime and terrorist finance expert, wrote in the report.

“As a determined and sophisticated cyber actor in need of financial resources, North Korea is likely to continue to find ways of obtaining and exploiting cryptocurrencies,” they…

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