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The nine-figure sum represents a nearly $100 million increase over the previous year's thefts by North Korean hacker groups, and it brings their total haul over the past five years to $1.5 billion.
North Korean hackers stole $400 mn in crypto in 2021 .
North Korean Crypto Theft Totals $400 Million in 2021
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South Korean regulators are set to probe the nation’s four biggest crypto exchanges to test their anti-money laundering (AML) capabilities. The exchanges – Korbit, Upbit, Coinone, and Bithumb – are the only trading platforms that operate fiat KRW markets and received their operating permits from the Financial Intelligence Unit (FIU) late last year.
North Korean cybercriminals escalated their illicit campaigns throughout 2021, frequently carrying out cryptocurrency exchange hacks to siphon hot-wallet funds, launder the gains and cash out via.
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South Korean Crypto Exchanges Face Regulatory AML Probes .
North Korean hackers stole $400 million worth of cryptocurrency in 2021, according to Chainalysis. Phishing lures, code exploits, malware, and other methods were used to extract the digital funds..
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The hackers also target a diverse variety of cryptocurrencies, with Bitcoin, the world's largest digital currency, accounting for only a quarter of stolen assets. North Korean hackers stole around $400 million worth of cryptocurrency through cyberattacks on digital currency outlets last year, blockchain data platform Chainalysis said on Thursday.
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The floors South Korean crypto exchange faces regulatory AML probes. The exchanges — Korbit, Upbit, Coinone, and Bithumb — are the only trading platforms operating the fiat-KRW market and received their operating license from the Financial Intelligence Unit (FIU) late last year. Then there is the Financial Services Commission (FSC) Response .
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$3,282.70 -0.60% While North Korean hackers had a field day siphoning funds from crypto exchanges in 2021, the seven people alleged to be responsible for the VGlobal crypto exchange scam in South.
North Korean Hackers Stole Nearly $400 Million in Crypto Last .
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North Korean hackers managed to steal a fortune in cryptocurrency in 2021, according to the results of a recent study. Cybercriminals based in North Korea “extracted nearly $400 million worth of.
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South Korean Crypto Exchanges Face AML Probes as Regulators .
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Report says North Korean hackers stole fortune in .
$400 million worth of crypto stolen to fund North Korean .
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