Policy Briefs & Testimonies

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A photo of a sign that reads "bitcoin ATM" on a yellow background.

AP Photo/Kin Cheung

Policy Brief - Belfer Center for Science and International Affairs, Harvard Kennedy School

North Korean Cryptocurrency Operations: An Alternative Revenue Stream

    Authors:
  • Heeu Millie Kim
  • June Lee
  • Rachel Paik
| May 24, 2022

Although North Korean cyber operations have been widely publicized, the purpose of this report is to focus on three ways North Korea obtains cryptocurrencies, specifically cryptomining, cryptojacking, and fraudulent initial coin offerings (ICOs).