Crypto Criminals Embrace Transparency as a Tool for Speed

Contrary to initial assumptions, criminals in the crypto space are finding ways to leverage blockchain’s transparency as a key advantage. Ari Redbord, Global Head of Policy at TRM Labs, highlights how notorious North Korea hackers understand their trailability but perceive it as an unavoidable cost of doing business. This shift has led to the flourishing of various illicit activities, despite blockchain’s open and traceable transactions. The paradox lies in the speed and efficiency blockchain offers, enabling criminals to move funds quickly and in larger amounts than traditional methods.