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Learning & News => News related to Crypto => Topic started by: Lenipiw on September 04, 2020, 05:33:51 PM

Title: Revealed: How North Korean hackers launder stolen crypto
Post by: Lenipiw on September 04, 2020, 05:33:51 PM

The techniques are sophisticated but crypto laundering cases are still relatively small. British multinational security company BAE Systems and the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, have published a report revealing how cybercriminals launder cryptocurrency.

According to the study Follow the Money money laundering cases via crypto are still relatively small compared to the huge volumes of cash laundered through traditional methods like wire transfers.
Visit Here: https://cointelegraph.com/news/revealed-how-north-korean-hackers-launder-stolen-crypto

Title: Re: Revealed: How North Korean hackers launder stolen crypto
Post by: highnayem34 on September 10, 2020, 03:32:08 PM

But there are some notable examples and the report goes in-depth into the money laundering methods employed by Lazarus Group, a well-known hacking gang sponsored by the North Korean regime.