G7 to Address North Korea’s Crypto Thefts at Upcoming Summit

Leaders of the Group of Seven (G7) are poised to confront North Korea’s escalating cyber warfare tactics, particularly its cryptocurrency theft operations, during next month’s summit in Canada. While geopolitical tensions in Ukraine and Gaza will dominate discussions, Pyongyang’s digital asset heists—reportedly funding its weapons programs—have emerged as a critical agenda item.

The Lazarus Group, a North Korean state-linked hacking collective, has orchestrated some of the most brazen crypto attacks in recent years. Their sophisticated operations siphon hundreds of millions annually from decentralized protocols and exchanges, converting stolen assets into weapons development capital. This financial pipeline circumvents traditional sanctions with alarming efficiency.