Kim Jong Un May Be Using Stolen Crypto to Offset Economic Fallout
The latest reports suggest that North Korea could be encouraging the Lazarus group to steal crypto globally. Go to Source Powered by WPeMatico
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3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting service allegedly tied to North Korea, and how Iran-based exchanges are bypassing OFAC sanctions … Read more
Chainalysis’ Crypto Crime Intelligence Briefs Cast Spotlight on North Korea and Iran
New York-based blockchain intelligence firm Chainalysis has launched a new initiative to shed more light on the scope of its latest crypto crime analyses. Go to Source Powered by WPeMatico
What’s Next for BTC, Chainalysis Criticized, Crypto Fears Kim Jong Un’s Death: Hodler’s Digest, April 27–May 3
Uncertainty over where Bitcoin will go after its $9,400 rally, a well-known BTC educator criticizes Chainalysis, and nerves over North Korea’s crypto holdings. Go to Source Powered by WPeMatico
DPRK Insider: Kim Jong-Un in Good Health, Crypto Will Help Fight Imperialism
A special delegate of the North Korean government has told Cointelegraph that Kim Jong-un is in good health and that Bitcoin will help the regime fight imperialism Go to Source Powered by WPeMatico
Crypto Community Fears North Korean BTC Sell-Off Amid Rumors of Kim Jong Un’s Death
North Korean leader’s reported health issues cause the crypto community fear of the a regime crypto sell-off Go to Source Powered by WPeMatico
Revealed: How North Korea Laundered $100 Million of Stolen Crypto
CipherTrace has detailed how two men managed to fool KYC processes and launder more than $100 million of stolen crypto on mainstream exchanges Go to Source Powered by WPeMatico
Bitcoin.com Local Gathers Steam as Other P2P Markets Falter
The bitcoin marketplace Localbitcoins was once the most popular peer-to-peer (P2P) trading platform. But during the last few years, the company’s trading requirements and KYC implementation have caused an influx of traders to migrate to different P2P crypto markets. The mass departure has caused business on Localbitcoins to drop like a rock and volumes haven’t … Read more
North Korea may Have to Forfeit 113 Cryptocurrency Accounts
The involvement of North Korea in cryptocurrency has always been subject to speculation. A new report seems to indicate that the US wants to gain control of all digital assets tied to this country. Various countries around the world are subject to sanctions. The Role of North Korea in Bitcoin These sanctions are imposed for … Read more
US Charges North Korea-Linked Chinese Nationals for Laundering Over $100 Million in Stolen Cryptocurrency
The U.S. government has charged two Chinese nationals involved in laundering stolen cryptocurrency worth $100 million from an exchange allegedly for the benefit of North Korea. They are linked to the U.S.-designated North Korean state-sponsored Lazarus Group. A total of 113 cryptocurrency accounts and addresses used to launder funds have been identified. Also read: SEC … Read more
