Although Blockchain and cryptocurrency are technical wonders that are having positive impacts on the future, some organizations, nations or terrorist groups are still using them to facilitate their suspicious activities. North Korea, for example, is believed to be using stolen crypto funds to finance its plans for weapons of mass destruction.

According to the Royal United Services Institute (RUSI), the hermit country is turning to illegally obtained cryptocurrency primarily to pay for their weapons of mass destruction (WMD) like nuclear. Though the total amount of the nation’s crypto fund is yet to be revealed, it runs approximately from $545 million and $735 million.

North Korea is believed to be the mastermind behind some major crypto exchange cyber attacks and this is where the crypto money comes from. Bithumb and Youbit, for instance, have undergone numerous exploitation from an organized group of hackers called the Lazarus Group – also known as “Unit 180” and “Bureau 121”.

The rapidly growing crypto market in South Korea, along with the ever-expanding interest for cryptocurrency are the reasons why their arch enemy – North Korea attacked them. South Korean investors are keen on making crypto-related investments, and a majority of them are still bouncing back from the bullish crypto scene of 2017. Furthermore, RUSI stated that these South Korean crypto exchange platforms are dangerously susceptible to cyber attacks.

Another unpredictable factor in the whole situation is that Kim Jong-un – leader of North Korea – is open to having the next summit with the president of the United States Donald Trump, after their 2 previous meetings in Hanoi and Singapore.