U.S. Crypto Exposes Serve as 'Blind Spot' in North Korea's $16.5M Laundering Operation
Published at：2025年07月03日 15:29
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North Korean operatives posing as freelance developers have allegedly accumulated over $16.5 million in 2023 by infiltrating cryptocurrency and traditional tech firms, according to blockchain investigator ZachXBT. The crypto fraud analyst revealed that American cryptocurrency exchanges were utilized as key channels to launder the illicit funds obtained through these covert operations.
ZachXBT's investigation indicates that North Korean actors secured positions as developers across multiple companies, receiving payments totaling $16.58 million. The scheme highlights continuing vulnerabilities in the crypto sector that enable state-sponsored cybercriminals to exploit international financial systems.
ZachXBT's investigation indicates that North Korean actors secured positions as developers across multiple companies, receiving payments totaling $16.58 million. The scheme highlights continuing vulnerabilities in the crypto sector that enable state-sponsored cybercriminals to exploit international financial systems.
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Security
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North Korea
Cryptocurrency
Money Laundering