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Revealed: How North Korea Laundered $100 Million of Stolen Crypto

imageCryptocurrency News16 hours ago (Mar 14, 2020 03:20AM ET)

Revealed: How North Korea Laundered $100 Million of Stolen Crypto

Blockchain forensics firm CipherTrace has published a detailed analysis of how two Chinese nationals, linked to North Korea, laundered tens of millions of dollars worth of stolen cryptocurrency.

The pair are believed to be associated with the shadowy Lazarus Group, which was behind the Sony breach in 2014, the WannaCry ransomware epidemic in 2017, and a $7 million attack on Bithumb (also in 2017).

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Revealed: How North Korea Laundered $100 Million of Stolen Crypto

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