The U.S. District Court docket for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a part of a broader U.S. effort aimed toward dismantling cyber operations that finance North Korea’s nuclear and missile initiatives. The choice adopted a lawsuit initiated by the U.S. authorities in 2020. It’s reported that these accounts facilitated intricate cash laundering operations utilizing digital funds pilfered from quite a few cryptocurrency exchanges and unhosted wallets.
279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown
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