North Korea
Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says
Most jurisdictions still aren’t fully complying with international anti-money laundering norms for crypto, according to standard-setter the Financial Action Task Force (FATF). The global anti-money laundering watchdog also added that North Korea is using illicit virtual assets to fund weapons of mass destruction. "The Hash" panel weighs in on the latest report.
Atomic Wallet Hackers Move Stolen Funds via OFAC-Sanctioned Exchange Garantex: Elliptic
The attackers are believed to be the infamous North Korean hacker group Lazarus, as per blockchain security firm Elliptic.
U.S. Treasury Sanctions North Korean-Owned Binance Wallets; Says Entities Used Funds to Support WMD Programs
The Binance-hosted wallets received more than $2 million worth of various cryptocurrencies that were then sent on to North Korean entities, OFAC alleged
Binance Official Says Crypto Exchange Has Ousted North Koreans
"They recognized Binance was not the place for them," said Tigran Gambaryan, head of financial crime compliance at Binance.
U.S. Sanctions 3 North Koreans for Supporting Hacking Group Known for Crypto Thefts
The three were engaged in crypto activities themselves, and the U.S. Treasury Department says they were tied to the networks of DPRK entities laundering stolen crypto or moving illicit funds for that country.
U.S. Treasury Report Warns of Illicit Finance Risks Associated With DeFi
In its first analysis of illicit finance risks associated with decentralized finance published Thursday, the U.S. Treasury Department said thieves, scammers, ransomware cyber criminals and actors for North Korea are using DeFi to launder proceeds from crime. "The Hash" panel discusses the new report calling for more oversight and the pros and cons of open finance.
North Korea Hackers Likely Exploit Cloud Mining Services to Launder Stolen Crypto: Mandiant Research
North Korean hacker group APT43 probably uses cloud mining services to launder stolen crypto, according to research by Google-owned cybersecurity firm Mandiant. "The Hash" discusses the latest in the world of crypto crime.
North Korea Hackers Likely Exploit Cloud Mining to Launder Stolen Crypto, Research Shows
The APT43 group steals crypto to fund operations and launders it through cloud mining services.
Hacker vs. Hacker: North Koreans Attempt to Phish Euler Exploiter of $200M in Crypto, Experts Say
An unlikely exchange played out on the Ethereum blockchain, sparking confusion and alarm.
Wallet Tied to Euler Exploit Sends 100 Ether to Lazarus Group
Lazarus Group was behind the $625 million exploit of Axie Infinity’s Ronin network in March 2022.
