North Korea arrests hackers accused of laundering stolen funds from country’s bank via crypto
The group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade detection.
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Summary
- North Korean authorities arrested former military hackers for stealing funds from two state banks and laundering the money through cryptocurrency.
- The group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade detection.
- North Korean hackers remain major players in global crypto exploits, accounting for a significant majority of hack and scam losses through early 2026.
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Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
