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🕵️‍♂️ Chainalysis: North Korea stole billions in crypto, but defenses are strengthening

2025-10-27
Chainalysis states that North Korea has stolen billions of dollars in cryptocurrency, and says the capacity to fight back is improving. The blockchain analytics firm highlights growing reliance on on-chain tracing, faster coordination between exchanges and investigators, and expanded compliance controls that can flag, freeze, or recover funds tied to sanctioned entities. Threat activity spans exchange breaches, DeFi exploits, and laundering via mixers and cross-chain bridges, while countermeasures increasingly disrupt cash-out attempts and complicate the movement of illicit proceeds.
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