News Score: Score the News, Sort the News, Rewrite the Headlines

How North Korea Launders Billions in Stolen Crypto

The Hermit Kingdom, which intelligence agencies say was behind the $1.5 billion Bybit hack, faces “offramping” challenges due to the size of its hauls.Updated Mar 13, 2025, 2:59 p.m. UTCPublished Mar 7, 2025, 8:02 p.m. UTCHow does North Korea launder its crypto loot?Each time the Hermit Kingdom successfully hacks a company or protocol — like when it pillaged $1.5 billion from crypto exchange Bybit on Feb. 21 — it faces the significant challenge of offramping its assets.It cannot simply send th...

Read more at coindesk.com

© News Score  score the news, sort the news, rewrite the headlines