{"id":59383,"date":"2023-09-15T12:45:25","date_gmt":"2023-09-15T16:45:25","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=59383"},"modified":"2023-09-15T12:45:54","modified_gmt":"2023-09-15T16:45:54","slug":"north-korea-hackers-transfer-21-9m-to-russian-exchange","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/north-korea-hackers-transfer-21-9m-to-russian-exchange\/","title":{"rendered":"North Korea Hackers Transfer $21.9M To Russian Exchange"},"content":{"rendered":"\n

Chainalysis discovered that North Korean hackers<\/a> stole $21.9 million in cryptocurrencies\u00a0and sent it to a Russian cryptocurrency exchange notorious for illicit operations. <\/p>\n\n\n\n

\"North<\/figure>\n\n\n\n

Recently, Chainalysis\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> revealed alarming findings indicating North Korean hackers have funneled $21.9 million in stolen cryptocurrencies to a notorious Russian cryptocurrency exchange that facilitates illicit transactions.<\/p>\n\n\n\n

This disclosure sheds light on a broader trend in which North Korean entities have utilized Russian services, including exchanges, for money laundering purposes since 2021.<\/p>\n\n\n\n

However, the transfer of stolen funds to Russian exchanges presents international law enforcement agencies with a significant challenge due to Russia's uncooperative posture on such matters, complicating efforts to recover the stolen assets.<\/p>\n\n\n\n

This absence of cooperation raises concerns regarding the recoupability of stolen funds flowing into Russian cryptocurrency platforms.<\/p>\n\n\n\n

This incident adds to the increasing number of cryptocurrency thefts attributable to North Korean hacker groups.<\/p>\n\n\n\n

In 2022, reports indicated losses of over $1.65 billion in stolen funds, and in the current year, the value of stolen cryptocurrency associated with North Korean entities has reached an extraordinary $340.4 million.<\/p>\n\n\n\n

The increase in cybercrimes involving cryptocurrencies<\/a> highlights the critical significance of implementing robust security measures and fostering international cooperation to combat illicit activities within the blockchain ecosystem.<\/p>\n\n\n\n

The frequency of such occurrences highlights the need for heightened vigilance among cryptocurrency exchanges and users, emphasizing instituting adequate safeguards and adhering to regulatory compliance.<\/p>\n","protected":false},"excerpt":{"rendered":"

Chainalysis discovered that North Korean hackers stole $21.9 million in cryptocurrencies\u00a0and sent it to a Russian cryptocurrency exchange notorious for illicit operations. Recently, Chainalysis revealed alarming findings indicating North Korean hackers have funneled $21.9 million in stolen cryptocurrencies to a notorious Russian cryptocurrency exchange that facilitates illicit transactions. This disclosure sheds light on a broader […]<\/p>\n","protected":false},"author":56,"featured_media":59386,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,11476],"tags":[132,376,231,16439,16440],"class_list":["post-59383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-hacks-and-scams","tag-crypto","tag-cryptocurrencies","tag-market","tag-north-korea-hackers","tag-russian-crypto-exchange"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/north-korea-hacker-iStock.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/59383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=59383"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/59383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/59386"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=59383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=59383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=59383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}