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Cryptocurrency Laundering Web: Dive into $200M in Hacked Funds - ICOdesk

Retrieved on: 2024-04-30 12:51:52

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Summary

The article investigates the North Korean hacker collective Lazarus Group, detailing their sophisticated cryptocurrency laundering schemes involving over $200M stolen through hacks, utilizing crypto mixing services, P2P marketplaces, and China's OTC traders. The concept of 'Stablecoin' like Tether (USDT) is significant in their financial strategies within the context of cryptocurrency crimes, decentralization, and blockchain technology.

Article found on: icodesk.io

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