North Korea laundered $147.5 mln in stolen crypto in March

Reuters cite confidential work by United Nations sanctions monitors it has sighted.

  • North Korea laundered $147.5 million through virtual currency platform Tornado Cash in March
  • After stealing it last year from a cryptocurrency exchange, HTX

United Nations sanctions monitors add:

  • they had been investigating 97 suspected North Korean cyberattacks on cryptocurrency companies between 2017 and 2024, valued at some $3.6 billion
  • in 2024 alone, the monitors said they had been looking at “11 cryptocurrency thefts … valued at $54.7 million”

This article was written by Eamonn Sheridan at www.forexlive.com. Source