US authorities go after 280 crypto accounts allegedly tied to North Korea


“The Justice Department today filed a civil forfeiture complaint detailing two hacks of virtual currency exchanges by North Korean actors,” said an Aug. 27 statement from the U.S. Department of Justice, or DoJ. “These actors stole millions of dollars’ worth of cryptocurrency and ultimately laundered the funds through Chinese over-the-counter (OTC) cryptocurrency traders.”

The hackers allegedly utilized 280 different digital asset accounts, the statement detailed. The ordeal appears to be connected with previously reported thievery which occured earlier in 2020. 

This story is developing and will be updated.

Products You May Like

Articles You May Like

White House science office calls for comments on its digital asset research agenda
Report: Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure
Key takeaways from Circle’s $44.5B USDC reserve report
Genesis Capital’s fall might transform crypto lending — not bury it
Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express

Leave a Reply

Your email address will not be published. Required fields are marked *