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G7 to Address North Korea’s Crypto Heists in Upcoming Summit
G7 to Address North Korea’s Crypto Heists in Upcoming Summit
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World leaders at the G7 summit in Alberta will confront North Korea’s escalating involvement in cryptocurrency thefts and cyberattacks. While conflicts in Gaza and Ukraine dominate headlines, closed-door discussions will focus on Pyongyang’s digital asset exploits.
Planned countermeasures include enhanced cybersecurity protocols, tighter restrictions on North Korea-linked crypto transactions, and expanded sanctions against platforms facilitating money laundering. The regime’s hackers have significantly increased activity since 2022, with multiple high-profile attacks already recorded this year.
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