On Monday, the Nikkei business newspaper revealed that North Korean hackers had stolen $721 million in Bitcoin assets from Japan since 2017.

The Nikkei stated that it represents 30% of global losses.

The news follows a Saturday declaration by Group of Seven finance ministers and central bank governors supporting efforts to combat state-sponsored cybercrime, including crypto-asset theft.

North Korea stole $2.3 billion in cryptocurrencies from businesses between 2017 and 2022, Elliptic found for the Japanese publication.

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Hi, I'm Sidney Schevchenko and I'm a business writer with a knack for finding compelling stories in the world of commerce. Whether it's the latest merger or a small business success story, I have a keen eye for detail and a passion for telling stories that matter.

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