North Korea’s Heists, Malware, and New Regulations
Especially in the year 2024, the global regulators took the motives to shut the fraudsters and money laundering in the cryptocurrency market to another level. Among those, we can mention the European Union, the Markets in Crypto-Assets (MiCA) regulation, and the United States, the stablecoin legislation. Such measures are intended to combat crypto scams and similar fraud, which cost the industry over $2.3 billion.
Governments from various countries are seeking to coordinate policies to create harmonized regulatory frameworks that will foster innovation while at the same time addressing such issues as consumer protection and AML.
North Korea’s crypto heists reach alarming level
Cybercriminals from North Korea especially the Lazarus were…
