North Korea World Leader in Crypto Crimes Committed in 2022 -Report

According to a research report, North Korea ranks first in crypto crimes committed worldwide in 2022.

coincub by June 27 published on “Annual Crime Ranking: Top 5 Countries in Crypto Crime 2022” According to the research report entitled North Koreadocumented this year more than 15 with the case #1 in crypto crimes worldwide took place. According to documented cases, approx. 7,000 North Korean hackers through cyber attack $1.59 billion It is thought to have raised funds.

The scale of the underground crypto economy and a series of high-profile scams on the list due Second located in USA, 14 cases of crypto crimes through 2 billion dollarsacquired a fund.

Russia, ransomware on the list because third place finding a place large scale fraud, stock market attacks and ponzi schemes is common Chinesecrypto crime ranking fourth place exists. Chinesehas worldwide 18% share of crypto crime volume in funds obtained in cases of fraud with first place is located.

Many events within jurisdiction hacking and fraud case, United Kingdom‘of fifth place caused it to take place. It has become a global hub for crypto scams as lack of institutional regulation allows scammers to hide the source and destination of funds. United Kingdomonly in 2021 in the year 7,118 cases of crypto fraud reported.

The rest of Coincub’s crypto crime list, respectively, Japan, Hong Kong, Canada, British Virgin Islands and Seychelles took place.

According to the report, despite crypto’s reputation in crime, research reveals that the crypto economy is relatively law-abiding. CEO of Coincub Sergiu Hamza He made the following statements on the subject:

While crypto scams hit an all-time high last year, they represent a small fraction of the total crypto market at 0.15%. Criminal activities account for only 2-5% of the world’s gross domestic product (GDP). It is clear that crypto transactions are not disproportionately related to illegal activities. Still, people need to be vigilant about crypto crimes by observing security best practices.

As an example of crypto crimes, Harmonyof Horizon bridge attacked last week and crossed the bridge 100 million dollarsness Ethereum (ETH) had been stolen.

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