About the Author
Won-Gi Jung
Won-Gi Jung is a reporter based in Seoul. He previously worked for the CSIS Korea Chair and East Asia Institute. Follow him on Twitter.
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News Memes, NFTs, sanctions: North Korea and the evolving world of cryptocurrenciesCould North Korean hackers profit from their own crypto-assets?
As the market for cryptocurrency grows and the wider public engages with the technology behind it, there are new opportunities for illicit actors like North Korea to take advantage of the emerging digital space. At the same time, the reclusive country has inspired artists and others online to create new blockchain assets and one-of-a-kind works of art. One such example is Kim Token, a crypto-asset that launched in early 2018 for the purpose of sponsoring “the North Korean manned lunar mission” and to “lay a foundation for further space exploration.” “Even though we have the greatest minds of scientists © Korea Risk Group. All rights reserved. |