
Concerns Over North Korean Traders Spark Surge in Crypto Exchange Outflows
Recent developments in the cryptocurrency landscape reveal a significant increase in outflows from major exchanges, driven primarily by apprehensions regarding the involvement of North Korean traders. Investors are swiftly transferring their digital assets into private wallets or alternative platforms amidst growing fears of illicit activities associated with North Korean entities.
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North Korean Hackers Make Waves by Stealing Record $1.3 Billion in Cryptocurrency in 2024
In a significant development within the realm of cybersecurity and international finance, North Korean hackers have reportedly stolen an astonishing $1.3 billion in cryptocurrency throughout 2024. This unprecedented figure marks a new pinnacle in illicit cyber activities, drawing the attention of various world authorities and cybersecurity experts.
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US Court Overturns Sanctions on Crypto Mixer Linked to North Korean Cyber Hack
In a significant legal decision, a U.S. federal court has dismissed sanctions that were imposed on a cryptocurrency mixing service allegedly involved in facilitating North Korean cyber activities. This ruling has substantial implications for the ongoing fight against cybercrime and the enforcement of U.S. economic sanctions.
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