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Lazarus Group laundered $200M from 25 crypto hacks to fiat

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Re: Lazarus Group laundered $200M from 25 crypto hacks to fiat

#121

Post by tazu »

churchill wrote: post #108
averageRoyalty wrote: post #42

Earlier quoted context omitted.

The land of democracy, ladies and gentlemen. Rights for us, nobody else.

Funny thing about American meddling is that it always comes back to bite the US in the ass. The War of Terror has cost $8 trillion and there's nothing tangible and lasting the US has to show for it. Groups like Al Qaeda, ISIS (esp. their networks across Libya, Iraq, etc.) are offshoots of American meddling in the region, growing healthily despite everything. Afghanistan, Vietnam, Iran (now a rabid enemy), Iraq, Syria…

The American way is creating problems and selling solutions.

Re: Lazarus Group laundered $200M from 25 crypto hacks to fiat

#123

Post by ClumsyPilot »

mattmaroon wrote: post #94
w-ll wrote: post #25

Earlier quoted context omitted.

You think they are doing this from NK ip blocks/asn? Their physical links are more or less enemy of enemy with US, so they have no incentive to block. Its impossible to keep them off the internet.

Oh I’m not imagine anyone helping us. Im wondering why we aren’t cutting undersea cables or drone bombing land based ones. All the “international sovereignty” responses are humorous to anyone whose paid attention to the last twenty years of the American military.

> drone bombing land based ones

How do you imagine that a drone will be able to find and damage an underground cable?

This is not Afghanistan, a drone will not live long past China’s/Russia’s air defences.

Re: Lazarus Group laundered $200M from 25 crypto hacks to fiat

#124

Post by faggotbreath »

Dalewyn wrote: post #67
ToucanLoucan wrote: post #37

Earlier quoted context omitted.

> First consider that the internet was designed to withstand and endure attacks upon it. So long as at least one connection remains, the nodes thereof remain accessible. Tell me you haven't worked in network infrastructure without telling me you haven't worked in network infrastructure. > Next, consider that the authority of US sovereignty ends at US borders. The US legally cannot unilaterally do anything to anything…

>Tell me you haven't worked in network infrastructure without telling me you haven't worked in network infrastructure. Am I wrong, though? >I mean, sure, officially, when all laws are followed and in a friction-less plane this is correct. However the United States does all kinds of shit unilaterally outside it's own borders, literally all the time, You can just say we went and blew up Nordstream, you know.

[flagged]

Re: Lazarus Group laundered $200M from 25 crypto hacks to fiat

#125

Post by acdha »

ClumsyPilot wrote: post #114
usrusr wrote: post #82

Earlier quoted context omitted.

If you don't want to do business with criminals, don't buy crime futures. Because that's essentially what crypto are (unless not held and only purchased on demand for whatever oddball transaction you'd want to do that's neither speculation nor directly related to crime): demand outside of pure speculation (which is certainly by far the biggest part) must be completely dominated by demand for paying ransoms, purchasin…

> business with criminals, don't buy crime futures Is your Crime same as my Crime? Suppose I am a software developer living in Russia and I don’t want to pay taxes to a government that commits war crimes, is that a crime? Should a western bank be preventing that? Suppose you were protesting in a dictatorship, and as a result your assets were seized, you have a criminal record, maybe you are collecting donations, shou…

> Suppose I am a software developer living in Russia and I don’t want to pay taxes to a government that commits war crimes, is that a crime? Should a western bank be preventing that?

Yes, because that activity cannot be distinguished from thd Russian government evading financial sanctions. It sucks for the innocent party but there are many victims of their government with more serious grievances.

> Suppose you were protesting in a dictatorship, and as a result your assets were seized, you have a criminal record, maybe you are collecting donations, should I as a western bank act to stop that ‘crime’?

This has the same problem plus the gross negligence of advising anyone living under a repressive government to use a financial system designed to leave an immutable trail for the police to use when prosecuting them and everyone they know. The full retroactive deanonymization is incredibly dangerous for dissidents since it allows the authorities to prosecute them for transactions they made even before they were suspected of anything.

Re: Lazarus Group laundered $200M from 25 crypto hacks to fiat

#127

Post by seydor »

a_dabbler wrote: post #86
gorgoiler wrote: post #73

Earlier quoted context omitted.

Out of interest I looked up who controls the DNS root servers: Europe (2): RIPE and Netnod AB. RIPE is Europe’s RIR, run as a conference by European ISPs. Netnod is a Swedish ISP. Asia (1): Project WIDE, part of the Tokyo Institute of Technology. US (9): Verisign, Cogent, NASA, US Department of Defense, US Army, the University of Maryland, ISC (as in the Bind9 people), ICANN itself, and the University of Southern Cal…

DNS != The internet. You can still use the internet without access to the DNS root servers

You could also run the internet on smoke signals but nobody does it

Re: Lazarus Group laundered $200M from 25 crypto hacks to fiat

#128

Post by churchill »

tazu wrote: post #121
churchill wrote: post #108

Earlier quoted context omitted.

Funny thing about American meddling is that it always comes back to bite the US in the ass. The War of Terror has cost $8 trillion and there's nothing tangible and lasting the US has to show for it. Groups like Al Qaeda, ISIS (esp. their networks across Libya, Iraq, etc.) are offshoots of American meddling in the region, growing healthily despite everything. Afghanistan, Vietnam, Iran (now a rabid enemy), Iraq, Syria…

The American way is creating problems and selling solutions.

They're not really selling solutions if it still costs them at the end. For the most part, US foreign policy is a net negative for America's pockets and many of their "allies."

Re: Lazarus Group laundered $200M from 25 crypto hacks to fiat

#129

Post by zmgsabst »

n_ary wrote: post #90
zmgsabst wrote: post #39

Earlier quoted context omitted.

How do those things help? I had both a credit card and a phone; you can’t get cash with NFC. I was stuck using credit card services and cut off from most of the economy of the primarily cash-based society I was visiting. To the extent merchants accepted digital payments, it was primarily in their local banking app. > OF COURSE it set off all sorts of red flags with your bank. Do you not understand why I regard me sta…

No ATMs nearby? Usually unless you are in some severely impoverished nation, ATMs should allow to withdraw(with some hefty fees sometimes) some local currency.

ATMs and banks (cash advances) supported cards and cards with chips, but not NFC.

My physical cards were lost together — which admittedly was dumb, but losing your wallet while still having your passport and phone/Apple Wallet shouldn’t result in “frozen out of banking”.

Re: Lazarus Group laundered $200M from 25 crypto hacks to fiat

#130

Post by csomar »

TacticalCoder wrote: post #115
walterbell wrote: post #13

US/Canada 2024, $3 billion in fines by US regulators, https://rupakghose.substack.com/p/td-banks-aml-issues-and-fi... > DoJ investigation found.. [banking] business had been used to launder more than $650m between 2016 and 2021 from US fentanyl sales for Chinese crime groups and drug traffickers. Canada 2018, https://news.ycombinator.com/item?id=33918115 > An estimated $5.3 billion of laundered money into B.C. real e…

> DoJ investigation found.. [banking] business had been used to launder more than $650m between 2016 and 2021 from US fentanyl sales for Chinese crime groups and drug traffickers. According to the official CIA "world factbook" or whatever that is called: an estimated 3% to 5% of the world's fucking entire GDP is linked to criminal activities. Blockchains are cool in that they allow to follow the laundering (so it all…

> So the $200m of the Lazarus group, compared to $9 billion in $100 USD bills: cry me a river.

I don't think the US cares about a $200m, whatever that $200m belong to. Their issue is that this money is enabling a regime they want to see inert (since the nuclear shield means that the DPRK is not going anywhere anytime soon).

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