by: xpoolPosted on:

North Korea Steals $2.84 Billion in Cryptocurrency, Laundering Through International Channels

A new report by the Multilateral Sanctions Monitoring Team (MSMT) reveals a staggering $2.84 billion theft of cryptocurrencies by North Korean hackers, primarily laundered through platforms in Russia, Cambodia, and Hong Kong. The report highlights how these hackers are utilizing sophisticated AI tools to enhance attack stealth and impact. This unprecedented heist underscores vulnerabilities in both centralized and decentralized financial systems, prompting international calls for heightened security measures and strengthened regulatory frameworks regarding cryptocurrency exchanges.

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