Tags: North Korea

Settling their past differences, Binance & the U.S. authorities collaborate on retrieving $4.4 million of stolen funds.

G7 Nations Must Do More to Stop North Korea Crypto Hacks, Japan Suggests

An Elliptic report commissioned by Nikkei says Asian countries account for over 60 of losses to North Korean hackers and ransomware users; lax security played a role.

The export privilege bar comes as a consequence of Griffith’s conviction and further impacts his involvement in international trade and transactions.

Half of North Korea‘s Missile Funding Comes from Cybercrimes and Cryptocurrency Theft, Says White House

Sen. Warren Plans To Reintroduce Crypto Bill To Crack Down on National Security Risks

Binance‘s Tigran Gambaryan (Amitoj Singh/CoinDesk)

Three North Koreans Sanctioned for Involvement in Crypto-Linked Hacking Group – Here‘s What Happened

U.S. law enforcement has identified three individuals who handled stolen crypto and fiat for the benefit of North Korea.

U.S. Treasury Department in Washington, D.C. (Jesse Hamilton/CoinDesk)

Asia is home to 1.7 billion gamers and contributes over $72 billion in annual gaming revenue making it a critical market according to DappRadar.

US Treasury Report: North Korea and Scammers Using DeFi to Launder Dirty Money – Regulation Incoming?

Despite the warnings on DeFi, Treasury noted that "most money laundering, terrorist financing, and proliferation financing" occurred using fiat or outside the crypto ecosystem.

Crowdstrike and Kaspersky found an infection in a communications app that delivered a backdoor, but deployed it only a few times.

North Korean Hackers Target Cryptocurrency Firms in Massive 3CX Supply Chain Hack – Here‘s What Happened

Cybersecurity firm Mandiant has “graduated” a new group of hackers who finance state goals and their own existence with the help of crypto laundering.

An unlikely exchange played out on the Ethereum blockchain, sparking confusion and alarm.

While Chainalysis suspected the involvement of North Korea in the Euler Finance hack, they highlighted the possibility of misdirection by other hackers.

The Lazarus Group was behind the $625 million exploit of Axie Infinity’s Ronin network in March 2022.

The department has reviewed decentralized finance’s role in such incidents as North Korean ransomware attacks, and will issue a risk assessment, a senior official said.

Earlier, Christopher Emms was released by Saudi authorities due to the lack of evidence against him.

The seized funds will be used to reimburse affected users, and prevent it from funding North Korea‘s nuclear weapons program.

The economic crime unit said it is the biggest crypto seizure ever made by Norwegian police.

While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws.