Recent developments indicate that North Korea has reportedly stolen approximately $1.5 billion worth of Ethereum (ETH). This theft coincided with comments made by Vitalik Buterin, co-founder of Ethereum, who jokingly referred to making communism great again. Following the theft, there are indications that North Korea may be selling this ETH and possibly converting it to Bitcoin. Reports suggest that North Korea currently holds three times more ETH than the Ethereum Foundation, raising concerns about the implications of their actions in the cryptocurrency market. As the situation unfolds, observers note the potential impact on ETH prices, particularly in light of the upcoming ETH Denver event.
North Korea has 3x more ETH than the Ethereum Foundation. Kim Jong is swimming in ETH rn
North Korea needs to sell $1.4 billion of ETH Bybit needs to buy $1.4 billion of ETH Why can’t they just make a deal?
Kim Jung Un after stealing $1.5 billion eth https://t.co/Viuu9Am8YT