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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: October 9, 2022

Written by FinCrimeOctober 9, 2022

North Korea’s Crypto Hackers Are Paving the Road to Nuclear Armageddon

Reported by: Daniel Van Boom The Lazarus Group, a hacking outfit associated with  North Korea’s government, managed to drain over $600 million in crypto from a blockchain used by NFT game Axie Infinity. North Korean hackers stole $840 million in the first five months of 2022, according to Chainalysis data, over $200 million more than they’d plundered […]

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