Two Chinese nationals acting for North Korean used ‘peel chains’ and doctored KYC photos to help launder more than $100 million in stolen cryptocurrency.
North Korea News
North Korea, officially the Democratic People’s Republic of Korea, is an East Asian country on the Korean Peninsula. North Korea’s population is over 25 million people, 1.21 million of which are active-duty soldiers. North Korea is under the rule of its leader Kim Jong-un, who is considered to have the most human rights violations in the contemporary world. North Korean laws made its economy heavily nationalized, which even led to a refusal of a taxation system. North Korean Bitcoin policies are yet to be officially established as their nationalized economy, closed borders, anti-human mobility laws and censorship of the internet all make it extremely hard for North Koreans to have some use for Bitcoin. Cryptocurrencies, as a money without central authority and high anonymity, violate North Korean laws that were not established specially for blockchain-based technologies, but previous laws crafted for other purposes.
- News
- News
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was sto...
- News
by Helen Partz
North Korea’s internet use saw a 300% surge over the past three years as the country’s regime has continued to rely on cryptocurrencies.
- News
North Korean hacking group Lazarus reportedly created an elaborate ruse to phish DragonEx exchange employees into installing a malware-infested trading bot.
- News
Former Ethereum developer Virgil Griffith pleads innocent before New York court in North Korea sanctions case.
- Hodler’s Digest
by Thomas Simms
Bitcoin may be ready to hit $10,000, U.N. warns the public not to attend North Korea’s crypto conference, and the best day of the week to buy crypto is revealed...
- Follow up
The U.N. and other experts have warned against attending North Korea’s upcoming crypto conference, questioning the motives behind the event.
- News
by Jack Martin
United Nations sanctions experts advise against attending North Korean cryptocurrency conference, or risking sanctions violations.
- News
The allegedly North Korea-sponsored hackers known as Lazarus have deployed new viruses to steal cryptocurrency.
- News
The United States District Court for the Southern District of New York indicted Ethereum Foundation researcher Virgil Griffith on Jan. 7.
- New Year Special
From Switzerland and Malta to North Korea and Iran: Overview of experimental crypto regulations around the globe.
- News
by Joeri Cant
Ethereum researcher turned North Korea advisor has been released on a $1 million bail, and is allowed to travel but will have to stay out of California.
- News
NY courts rejected bail for ETH researcher Virgil Griffith after he allegedly taught crypto to North Koreans and renounced his U.S. status via text.
- News
Security researchers have discovered a new cryptocurrency-related macOS malware believed to be developed by North Korean hackers at the Lazarus Group.
- News
Renowned trial attorney Brian Klein will represent Virgil Griffith, the developer recently arrested for participating in a blockchain conference in North Korea.
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