Thursday, August 27, 2020

WORLD_ U.S. Moves to Seize Cryptocurrency Accounts Linked to North Korean Heists

THE WALL STREET JOURNAL

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U.S. Moves to Seize Cryptocurrency Accounts Linked to North Korean Heists

In first, officials say North Korean hackers hit a U.S.-based crypto exchange

By Ian Talley and  Dustin Volz
 
Updated Aug. 27, 2020 6:48 pm ET

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WASHINGTON—U.S. authorities on Thursday moved to seize 280 cryptocurrency accounts they said were used by North Korean hackers who stole more than a quarter billion dollars from exchanges around the world, including U.S.-based Algorand.

The U.S. Justice Department said the accounts targeted in the civil forfeiture filing were used by the North Korean hackers and their Chinese agents to launder some of the money stolen from more than a dozen virtual currency exchanges, a series of cyber thefts over the past two years amounting...

READ MORE: https://www.wsj.com/articles/u-s-moves-to-seize-cryptocurrency-accounts-linked-to-north-korean-heists-11598564571?mod=hp_listb_pos1



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