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North Korea
Running With Crypto: 5 Questions With TRM Labs' Ari Redbord
TRM Labs Head of Legal and Government Affairs Ari Redbord answers five rapid fire questions from CoinDesk including the major concern in the crypto sector in 2024, his crypto hack education outlook and the runs he has been on with crypto folks.
Hacks Involving North Korea Are 'Even Greater Problem': Legal Experts
Ari Redbord, Head of Legal and Government Affairs at TRM Labs, joins "First Mover" to discuss the emerging hacks and exploits in the crypto industry in 2024. Plus, insights on the national security threat posed by hacks that involve North Korea.
North Korean Hackers Stole $600M Worth of Crypto in 2023: TRM Labs
Data from TRM Labs shows that North Korean hackers stole $600 million worth of crypto in 2023. The total amount of funds stolen decreased by 30% from 2022 to 2023, after dramatically increasing the year before. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
North Korean Hacking Group Lazarus Withdraws $1.2M of Bitcoin From Coin Mixer
Lazarus Group, said to have been behind some $3 billion worth of cryptocurrency hacks and exploits over the past three years, appears to be moving around some of its bitcoin hoard. The group holds $79 million in wallets tagged by the blockchain analysis firm Arkham.
North Korea Was Responsible for Over $600M in Crypto Thefts Last Year: TRM Labs
U.S. national security officials have raised concerns about North Korea's use of stolen crypto to develop nuclear weapons.
U.S., South Korea, Japan Discuss North Korean Crypto Thefts in Trilateral Meeting
North Korea has stolen billions of dollars' worth of crypto in support of its nuclear and ballistic missile programs,
U.S. Treasury Sanctions Crypto Mixer on North Korea Allegations as FBI, Dutch and Finnish Police Seize Website
The U.S. Treasury Department has blocked Sinbad.io, a crypto mixing service, from the global dollar financial system on allegations it supported transactions tied to North Korea's infamous hacking group. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
North Korean Hackers Lazarus Group Stolen $3B in Cryptocurrency
The hacker group stole the funds over the last six years, which was likely used to fund the country's projects, a report said.
Crypto Mixer Sanctioned by U.S. Treasury for North Korea Allegations, as FBI, Dutch and Finnish Police Seize Website
Sinbad was used to launder stolen crypto assets, according to the Treasury.
Tornado Cash Trading Volumes Plunged After U.S. Sanctions: TRM Labs
Overall usage of crypto mixer Tornado Cash dropped 90% following U.S. sanctions, a new report from blockchain analytics firm TRM Labs shows. The U.S. Department of Justice has alleged the service was used to launder more than $1 billion in illicit funds, including by North Korean hacker group Lazarus. Jennifer Sanasie presents "The Chart of the Day."