North Korea’s increasing use of crypto heists to fund nukes worries US

North Korea’s increasing use of crypto heists to fund nukes worries US

North Korea is increasingly using its crypto heists to fund its nuclear weapons program, worried U.S. officials say. “I’m very concerned about North Korea’s cyber capabilities,” Anne Neuberger, the…

US sanctions crypto mixer for helping North Korea launder stolen funds

The U.S. has sanctioned a major cryptocurrency mixer for helping North Korea launder over half a billion dollars worth of stolen funds, Washington’s latest effort to clamp down on Pyongyang’s prolific cybercrime. Monday’s designation of Tornado Cash came three months after the U.S. Treasury sanctioned Blender, another mixer that scrubbed $20 million worth of stolen […]

US Sanctions Cryptocurrency Mixer for Crime for North Korea

8 de agosto de 2022 – Washington – EFE.Estados Unidos sancionó este lunes el mezclador de criptomoneda virtual Tornado Cash por su supuesta implicación en una operación de blanqueo de 600 millones de dólares robados por piratas informáticos de Corea del Norte.El secretario de Estado, Antony Blinken, dijo en un comunicado que dicha operación es posiblemente “uno de los atracos de moneda virtual más grandes conocidos hasta la fecha”.El Departament…

North Korea has laundered $1 billion in crypto via Tornado Cash - and the US Treasury just slammed the platform with sanctions

Ethereum-based crypto mixer Tornado Cash has been used by North Korea to launder $1 billion in crypto, according to TRM Labs.

US Sanctions 'Tornado Cash' for Laundering Crypto Funds for North Korea

The North Korean hackers allegedly used the cryptocurrency-mixing service Tornado Cash to launder funds tied to two major heists earlier this year.

US sanctions cryptocurrency service allegedly used by North Korea for money laundering

The US Treasury on Monday sanctioned Tornado Cash, a virtual currency mixer, for its use by cybercriminals, including those under US sanctions.