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US Treasury Report: North Korea and Scammers Using DeFi to Launder Dirty Money – Regulation Incoming?

The US Treasury has revealed that North Korean hackers and scammers exploit loopholes in the decentralized finance (DeFi) space to launder money and hide criminal activity. In a Thursday report, the federal agency claime...

US Treasury Report: North Korea and Scammers Using DeFi to Launder Dirty Money – Regulation Incoming?
The US Treasury has revealed that North Korean hackers and scammers exploit loopholes in the decentralized finance (DeFi) space to launder money and hide criminal activity.
In a Thursday report, the federal agency claimed that North Korean hackers and other groups engaged in illicit activity have benefited from the non-compliance of some DeFi platforms with certain Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) regulations....
Read More: US Treasury Report: North Korea and Scammers Using DeFi to Launder Dirty Money – Regulation Incoming?

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