DoJ, Treasury accuses 3 men of laundering crypto for North Korea

The US government is aggressively pursuing three men accused of wide-ranging and complex conspiracies of laundering stolen and illicit cryptocurrency that the North Korean regime used to finance its massive weapons programs. The Department of Justice (DoJ) this month indicted North Korean national Sim Hyon Sop, Wu HuiHui of …

[MachDiamond]

Why is this news?

This is exactly what crypto currencies are for. If you don't need to launder money and make purchases anonymously, you take a big risk buying into crypto currency.

[matjaggard]

Re: Why is this news?

It's news because of the conversion to real currency, also because of the sheer quantities of money involved.

I recommend listening to the podcast The Lazarus Heist.

[Tom Chiverton 1]

Re: Why is this news?

Now in it's second season and easily the best thing BBC have out right now