Redbord also added that North Korea is a cash-strapped government with minimal export revenues, so cryptocurrency laundering has an exceptionally high upside for the nation’s bad actors and could be used to fund weapons programs.
In April, Redbord told Business Insider that North Korean groups had launched several online attacks, but they’ve become highly sophisticated as time passed.
“Over the last year or so, we’ve moved from a post 9/11 world into a new digital battlefield,” he said previously. “Nation-state actors know to go after crypto businesses to fund real weapon proliferation. It’s not just some hackers trying to fund a lifestyle.”
