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North Korea nets $22B from Russia, powers 70% crypto thefts

8/8/2026

35 2 Full Breakdown

Summary

Story summary

Kim Jong-un secured up to $22 billion by exporting artillery and troops to Russia.
Ukrainian intelligence says North Korea supplied up to 50% of Russia’s 122mm and 152mm shells by end-2025.
The Bank of Korea said Russian cash grew North Korea’s economy 3.5% in 2025, its third growth year.
TRM Labs found North Korea hackers caused over 70% of crypto thefts and laundered funds via Chinese crime groups.

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Story summary

Kim Jong-un secured up to $22 billion by exporting artillery and troops to Russia.
Ukrainian intelligence says North Korea supplied up to 50% of Russia’s 122mm and 152mm shells by end-2025.
The Bank of Korea said Russian cash grew North Korea’s economy 3.5% in 2025, its third growth year.
TRM Labs found North Korea hackers caused over 70% of crypto thefts and laundered funds via Chinese crime groups.