The G7 has set its sights on North Korean hackers: cryptocurrency thefts in the crosshairs of world leaders
At a recent summit in Évian, leaders of the G7 nations issued a strong statement, reaffirming the need for consolidated efforts to combat cryptocurrency thefts and cyberattacks originating from North Korea. The final document particularly emphasizes concern over Pyongyang's nuclear and missile ambitions, yet no specific, narrowly targeted measures for the crypto industry were proposed. This leaves room for interpretation: the G7 has more so outlined intentions rather than developed an operational plan.
The scale of the threat becomes evident when looking at the numbers. According to analytical data, hacker groups linked to North Korea managed to steal $2.02 billion in crypto assets during 2025. This is a 51% increase over the previous year. The total volume of funds stolen by them in recent years, according to expert estimates, has already exceeded $6.75 billion. These figures indicate not just a rise in activity, but a systemic, well-organized threat to global financial stability.
Although the G7 did not propose immediate sanctions or regulations, the very fact that the topic was discussed at such a high level is an important signal for the market. Within the professional community, the need has long been ripe for creating a unified database of suspicious wallets and cross-jurisdictional blocking mechanisms. Without this, the fight against North Korean hackers will resemble a game of cat and mouse, where the cat's paws are tied.