G7 calls for joint action on North Korean crypto theft, cybercrime

G7 leaders broadened their warning over North Korean crypto theft to include wider cybercrime as researchers link DPRK-affiliated actors to billions of dollars in stolen digital assets.

Group of Seven (G7) leaders have renewed their call for joint action against North Korean cryptocurrency thefts and cybercrime.

In a statement adopted at this week's G7 summit in Évian-les-Bains, France, the leaders expressed “deep concern” over North Korea’s nuclear and ballistic missile programs. The United Nations and security researchers have linked North Korea's crypto thefts to funding for the country's weapons programs.

The G7 leaders did not specify how members should act on the call, making no mention of measures such as exchange screening, sanctions or actions against mixing services often discussed in connection with North Korean crypto laundering.

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