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N. Korea continues illegal trade of banned products, conducts cyberattacks to earn money: UN report

2020-04-22 268 Dailymotion

"北, 불법 정유수입•석탄수출 지속... 사이버 공격 통한 암호화폐 탈취 고도화"<br /><br />A report by a panel of experts for the UN's North Korea sanctions committee suggests the regime continues to use loopholes to push ahead with its illegal activities.<br />As well as continuing its development of weapons of mass destruction, the regime is illegally importing oil, exporting coal... and stealing foreign currency through cyberattacks.<br />Oh Jung-hee reports.<br />North Korea is finding more and more ingenuitive ways to evade the UN Security Council sanctions.<br />A report written by a panel of experts for the UN's North Korea sanctions committee says... illegal imports of refined petroleum last year were well over the 50-thousand barrel cap.<br />Unlike in the past when North Korean vessels carried petroleum into the port,... now, foreign vessels are taking it to the regime.<br />Plus, ship-to-ship transfers are taking place between foreign vessels and third-country vessels, making it more difficult to detect.<br />The report also says that the regime earned 370-million U.S. dollars by selling 3-point-7 million tons of coal for the first eight months of 2019.<br />Coal exports are completely banned by UN sanctions.<br />To earn cash within the international sanctions framework, North Korea is upgrading its cyberattack strategy.<br />The UN panel report says the regime is believed to have conducted 35 attacks on financial institutions around the world, obtaining 2 billion dollars.<br />The North sees cyber attacks as a 'low-risk, high-return' way to earn money.<br />The regime avoids detection by seizing cryptocurrency and swapping it for cash.<br />The report adds, North Korea continues to advance its missile technology, testing new types of ballistic missiles and working on submarine-launched ballistic missiles.<br />Oh Jung-hee, Arirang News.<br />

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