U.S. File Suit Against Crypto Accounts Tied to North Korea
U.S. File Suit Against Crypto Accounts Tied to North Korea
U.S. prosecutors are going after 280 cryptocurrency accounts allegedly tied to North Korea’s multimillion-dollar crypto heists and laundering networks with a new forfeiture suit filed Thursday.
- Justice department investigators say they traced the accounts to two cryptocurrency exchange hacks allegedly perpetrated by North Korea’a state-sponsored cyber hackers last year.
- The first, last July, emptied $272,000 in alt-coins from an unnamed exchange, according to prosecutors. They further allege that a second hack stole $2.5 million in crypto from a U.S.-based exchange two months later.
- North Koreans sloshed those funds through Chinese over-the-counter cryptocurrency traders linked to previous crypto laundering operations, according to prosecutors.
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