Bad actors gonna bad act, currency be damned. Hackers linked to North Korea’s growing nuclear program stole a record $1.7 billion in crypto last year, per a joint statement from the U.S., Japan, and South Korea. The diplomats to theĀ Democratic People’s Republic of Korea (DPRK) wrote thatĀ they’re “deeply concernedĀ about how the DPRK supports these programs by stealing and laundering funds.” Meanwhile,Ā the U.S. Department of Treasury made a rare admissionĀ in its own report, writing that most criminals still prefer to transact with fiat. Could be good timing: Plaintiffs in the Coinbase-backed lawsuitĀ challenging the U.S. sanctioning of Ethereum mixer Tornado CashĀ have moved for summary judgement, arguing the sanctions are unconstitutional.
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