North Korean hackers are laundering funds through Russia: Chainalysis

United States News News

North Korean hackers are laundering funds through Russia: Chainalysis
United States Latest News,United States Headlines
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

North Korean hacking groups are increasingly using Russian cryptocurrency exchanges to launder stolen funds, according to Chainalysis.

are increasingly using Russian cryptocurrency exchanges to launder stolen funds, according to Chainalysis.

"While North Korea-linked hackers are on pace to steal much less cryptocurrency than they did last year, it's important to acknowledge that the catastrophically high figures from 2022 created an unusually high bar to surpass," Chainalysis said. The Lazarus Group, North Korea's most notorious cybercriminals, allegedly executed a significant attack on the CoinEx cryptocurrency exchange last Thursday, draining at least $55 million worth of crypto assets. According to blockchain security firm SlowMist and onchain investigator

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

North Korean hackers stealing millions of dollars, laundering funds with Russians, analysts sayNorth Korean hackers stealing millions of dollars, laundering funds with Russians, analysts sayNorth Korean hackers are ramping up cyberattacks to steal many millions of dollars and are leaning on Russian partners to launder the funds, according to cryptocurrency analysts.
Read more »

How a North Korean cyber group impersonated a Washington D.C. analystHow a North Korean cyber group impersonated a Washington D.C. analystJenny Town is a leading expert on North Korea at the Stimson Institute and the director of Stimson’s 38 North Program. She told an amazing tale on Monday.
Read more »

North Korea's Kim heads home after final stop in Russia's Vladivostok, KCNA reportsNorth Korea's Kim heads home after final stop in Russia's Vladivostok, KCNA reportsNorth Korean leader Kim Jong Un was headed home after making a final stop in Russia's far eastern city of Vladivostok, where he visited a university, an aquarium and a fodder plant, state media KCNA reported on Monday.
Read more »

Rifle, fur hat, drones: North Korea's Kim returns with gifts from RussiaRifle, fur hat, drones: North Korea's Kim returns with gifts from RussiaNorth Korean leader Kim Jong Un is heading home on Monday, most likely with gifts from his Russian hosts including a rifle, a cosmonaut's glove, and military drones - which on their own are a violation of U.N. sanctions.
Read more »

Kim Jong Un returns to North Korea with gifts from RussiaKim Jong Un returns to North Korea with gifts from RussiaKim will be bringing the items back to the “friendship” museum, where gifts received by the North’s three generations of leaders are kept.
Read more »



Render Time: 2025-02-23 20:23:58