March 03, 2021

North Korea is the most isolated country on the planet, but it still finds ways to steal billions of dollars

Featuring Jason Bartlett

Source: Business Insider

Journalist Ellen Ioanes

Heavy sanctions, imposed by both the US and the UN, prevent North Korea from participating in the formal global economy. The regime often circumvents these sanctions, mostly through secretive ship-to-ship transfers of luxury goods, chemicals, and coal, which is North Korea's primary export.

North Korea's nuclear program is essential to the Kim regime, and it devotes all the resources it can to increasing and improving its arsenal. The rise of digital currencies has created new opportunities to acquire funds for that effort.

To understand how the regime perpetrates financial crimes online and the threat it poses, Insider spoke with Jason Bartlett of the Center for a New American Security.

Read the full story and more from Business Insider.

Authors

  • Jason Bartlett

    Research Assistant, Energy, Economics, and Security Program

    Jason Bartlett is a Research Assistant for the Energy, Economics, and Security Program at the Center for a New American Security. His work focuses on global proliferation fina...