Rumors of the death of North Korean leader Kim Jong-un have triggered a burst of speculation among Bitcoin (BTC) traders.<\/p>\n
Data from the United Nations suggests North Korea has stolen approximately $2 billion worth of crypto and fiat currency from exchanges and financial institutions. The country has long been accused of being behind a number of sophisticated online heists in an effort to fund its military operations.<\/p>\n
Russian Market, a Russian media blog, told its 159,000 followers on Twitter that reports of Kim Jong-uns ailing health could cause a BTC reversal if a change in command begins and officials decide its time to sell the countrys massive crypto holdings.<\/p>\n
Economist Alex Krger says he highly doubts the death of Kim Jong-un is anything investors should worry about.<\/p>\n
North Korea possesses uranium mines containing 4 million tons of high-grade uranium ore. North Korea news should trigger big selloff in Uranium (if Kims death confirmed).<\/p>\n
As rumors continue to swirl about North Koreas supreme leader, South Korean intelligence says it has confirmedthat Kimis alive and well.<\/p>\n
Wherever the truth lies, the Kim dynasty is set to continue. Kim Jong-uns sister, Kim Yo-jong, is next in line and would become the first woman to rule the country.<\/p>\n
Featured Image: Shutterstock\/Mc_Cloud<\/p>\n
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