North Korea keeps mum after suspected artillery firing
The regime typically reports on major weapons launches the day after they occur, if presumed successful.
The regime typically reports on major weapons launches the day after they occur, if presumed successful.
The heist marked a 40 percent increase from 2020 when it stole about $300 million, according to Jonathan Levin, co-founder of Chainalysis.
The South Korean military said it is difficult to confirm whether the projectile was a ballistic missile, given the information regarding the launch.
Speculation has been widespread that Pyongyang could conduct an intercontinental ballistic missile (ICBM) system test under the disguise of a satellite development project.
The satellite images come as South Korean authorities warned that the regime could carry out an ICBM system test as soon as this week.
The new missile system, known as the Hwasong-17, was first unveiled during a military parade in October 2020.
The council was unable to come to consensus in issuing a joint statement due to opposition from China and Russia.
The latest test was the second such launch in a week to test satellite equipment, and the ninth missile launch this year.
Experts say Kim Jong Un is likely to conclude that nuclear weaponry is the most reliable way to maintain his control, in light of Ukraine.
Pyongyang also said it will “operate a military reconnaissance satellite in the near future.