To what extend do North Korean hackers launder cryptocurrencies on Russian exchanges?

09/20/2023 β€’
To what extend do North Korean hackers launder cryptocurrencies on Russian exchanges?

North Korean hackers significantly launder cryptocurrencies on Russian exchanges. β€” Multiple comments highlight the strong consensus among the online community regarding the extent of North Korean hackers laundering cryptocurrencies on Russian exchanges. The comments consistently portray a sense of alarm, concern, and awareness of the collaboration between North Korea-linked hacking groups and Russia-based crypto exchanges.

Stats
44% 15 Mastodon
24% 8 Reddit
18% 6 Bluesky
15% 5 Twitter
71% Negative
24% Neutral
5% Positive
74% 😱 Fear
24% 😑 Anger
3% 😯 Surprise
0% 😒 Sadness
0% πŸ˜ƒ Joy
0% πŸ₯° Love
😱
😑
Story
  1. There is a strong consensus among the online community regarding North Korean hackers laundering cryptocurrencies on Russian exchanges. This activity causes alarm and concern.
  2. Commenters view the collaboration between North Korean hackers and Russian exchanges as an unexpected alliance of two groups involved in illegal activities, commonly referring to them as villains working together with villains.
  3. Several comments mention that North Korean hackers laundered over $100 million in stolen virtual assets through a sanctioned Russian cryptocurrency exchange.
  4. There's a growing trend of North Korean hackers utilizing Russian exchanges to launder stolen digital assets due to strict monitoring elsewhere.
  5. There's a sentiment of skepticism towards international monitoring efforts, with some believing that current measures are insufficient in preventing such activities.
  6. Chainalysis released a report revealing the alliance between North Korean hackers and Russian exchanges for money laundering purposes.
  7. There is a general sense of not being surprised by the collaboration between North Korean hackers and Russian exchanges, indicating a lack of trust in both parties involved.
  8. Commenters express the need for stricter international monitoring and more effective cybersecurity measures to combat such threats.
  9. North Korean hackers have been increasingly using Russian exchanges because of strict international monitoring.
  10. There is an ongoing belief that international efforts are in place to sanction rogue cryptocurrency exchanges and seize stolen money to address this issue.
  11. The sentiment towards Russian exchanges' response to concerns about their involvement in money laundering is skeptical and critical.
  12. Lazarus Group, an affiliated hacking group from North Korea, is intensifying their activities and using Russian exchanges for laundering.
  13. Commenters highlight the irony and expected nature of criminals (including hackers) needing to launder their money.

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