US charges three North Korean hackers over crypto attacks and WannaCry ransomware
The Department of Justice has indicted three hackers affiliated with the infamous Lazarus Group. Go to Source Powered by WPeMatico
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Law Decoded: Of ICBMs, BTC and ETFs, Feb. 5–12
Exploring where national security meets securities offerings in this week’s crypto news. Go to Source Powered by WPeMatico
UN Report: North Korea Stockpiles $316 Million in Cryptocurrencies From Cyberattacks
A panel of experts at the United Nations says that North Korea has amassed $316 million in cryptocurrencies from various cyberattacks on crypto exchanges and financial institutions. The panel also investigated North Korea’s involvement in the $281 million hack of a crypto exchange. UN Expert Panel Sheds Light on North Korea’s Cyberattack Activities A United … Read more
Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea
A U.S. federal judge has rejected a motion filed by a former Ethereum Foundation developer over allegations of assisting North Korea to bypass sanctions. Prosecutors claim, Virgil Griffith, aided the regime by providing critical information on cryptocurrencies. Prosecutors Say Griffith’s Speech Was About the Use of Cryptos to Circumvent Sanctions Per Law360, a jury is … Read more
Ethereum dev must face jury for allegedly helping North Korea evade sanctions
Virgil Griffith, a crypto developer accused of helping North Korea evade sanctions through speaking at a Pyongyang crypto conference in 2019, must now face a jury. Go to Source Powered by WPeMatico
US Government labels Virgil Griffith’s argument to dismiss sanctions charges ‘absurd’
Government lawyers implied that citizens could legally pass along nuclear secrets to North Korea if held to the same standards as Griffith. Go to Source Powered by WPeMatico
Ethereum researcher Virgil Griffith files motion to dismiss North Korea conspiracy charge
Griffith argues that because his April 2019 conference presentation consisted of widely-available public information, he was not providing a “service” to North Korean officials Go to Source Powered by WPeMatico
South Korean gov says it won’t protect crypto exchanges from Kim Jong-Un’s hackers
Can anyone hold North Korea responsible for its attacks on the crypto industry? Go to Source Powered by WPeMatico
Revealed: How North Korean hackers launder stolen crypto
The techniques are sophisticated but crypto laundering cases are still relatively small. Go to Source Powered by WPeMatico
Suspected North Korean Hackers Move Bitcoin Worth $140K From Forfeited Account
Suspected North Korean hackers on Monday moved 12 bitcoin, worth about $140,000, from one of 280 accounts the U.S. Department of Justice (DoJ) has targeted for seizure. The funds have been wired into an anonymous wallet, according to Whale Alert, a bot that tracks notable crypto transactions. “One of the inputs of this transaction has … Read more