North Korea Steals Over ₹64,000 Crore in Cryptocurrency to Evade Global Sanctions
Published . Updated .
North Korea has built an extensive, state-backed cybercrime apparatus to siphon foreign currency from global financial institutions and cryptocurrency
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust-11.5% 30d
iShares Bitcoin Trust: it follows bitcoin. Linked by “cryptocurrency” (crypto) in this story.
- EWY iShares MSCI South Korea ETF-19.2% 30d
iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from South Korea.
- COIN Coinbase Global-28.7% 30d
Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story.
- MSTR Strategy-22.5% 30d
Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story.
- MARA MARA Holdings-9.9% 8d
MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story.
- RIOT Riot Platforms-47.1% 30d
Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| IBIT | +4.24% | +6.39% | base | after close | after close | after close | after close |
| EWYNo price data for this ticker | — | — | — | — | — | — | — |
| CEWNo price data for this ticker | — | — | — | — | — | — | — |
| COIN | +11.38% | +13.37% | base | after close | after close | after close | after close |
| MSTRNo price data for this ticker | — | — | — | — | — | — | — |
| MARANo price data for this ticker | — | — | — | — | — | — | — |
| RIOTNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
North Korea Steals Over ₹64,000 Crore in Cryptocurrency to Evade Global Sanctions The 420.in
Source: The 420.in
Price since this story was published: iShares Bitcoin Trust ETF (IBIT)
| Company | When | Move | Status |
|---|---|---|---|
| Coinbase Global (COIN) | three days earlier | +13.37% | final price |
| Coinbase Global (COIN) | five days earlier | +11.38% | final price |
| iShares Bitcoin Trust ETF (IBIT) | three days earlier | +6.39% | final price |
| iShares Bitcoin Trust ETF (IBIT) | five days earlier | +4.24% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 57 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 74 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Coinbase Global (COIN), worth $1,001 - $15,000 on 10 Aug 2026. That is 82 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Strategy (MSTR), worth $1,001 - $15,000 on 10 Aug 2026. That is 82 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around iShares Bitcoin Trust ETF (IBIT)
Companies carried with this story
- IBIT iShares Bitcoin Trust ETF
In “North Korea Steals Over ₹64,000 Crore in Cryptocurrency to Evade Global Sanctions,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “cryptocurrency” (crypto) in this story
- EWY Ishares Msci South Korea Etf
Ishares Msci South Korea Etf (EWY) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “North Korea Steals Over ₹64,000 Crore in Cryptocurrency to Evade Global Sanctions.” Reason on file: iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”)
- COIN Coinbase Global
Coinbase Global (COIN) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “North Korea Steals Over ₹64,000 Crore in Cryptocurrency to Evade Global Sanctions.” Reason on file: Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story
- MSTR Strategy
Strategy (MSTR) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “North Korea Steals Over ₹64,000 Crore in Cryptocurrency to Evade Global Sanctions.” Reason on file: Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story
- MARA MARA Holdings
MARA Holdings (MARA) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “North Korea Steals Over ₹64,000 Crore in Cryptocurrency to Evade Global Sanctions.” Reason on file: MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story
- RIOT Riot Platforms
In “North Korea Steals Over ₹64,000 Crore in Cryptocurrency to Evade Global Sanctions,” Riot Platforms (RIOT) is linked, with no stored direction, medium confidence. Reason on file: Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “cryptocurrency” (crypto) in this story
iShares Bitcoin Trust ETF (IBIT)
On 31 Oct 2026, “North Korea Steals Over ₹64,000 Crore in Cryptocurrency to Evade Global Sanctions” is the story that connects iShares Bitcoin Trust ETF (IBIT) to this story.
iShares Bitcoin Trust ETF (IBIT) is on the page because iShares Bitcoin Trust: it follows bitcoin. Linked by “cryptocurrency” (crypto) in this story
Ishares Msci South Korea Etf (EWY) is here too. Its reason reads: iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”)
Dates and price levels for iShares Bitcoin Trust ETF (IBIT)
COIN traded between 136.89 and 192.80 across 20 sessions. The latest close on file is 143.28. EWY traded between 148.30 and 192.47 across 20 sessions. The latest close on file is 152.92. IBIT traded between 43.03 and 49.12 across 20 sessions. The latest close on file is 43.36.
What the saved facts support for iShares Bitcoin Trust ETF (IBIT)
46 out of 100
“North Korea Steals Over ₹64,000 Crore in Cryptocurrency to Evade Global Sanctions” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.