North Korean hackers stole a record $1.7B of crypto last year
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Re: North Korean hackers stole a record $1.7B of crypto last year
#2Re: North Korean hackers stole a record $1.7B of crypto last year
#3Not bad for a supposedly backwards repressed regime, unless thats the least stolen compared to 1st world countries?
It also exposes a wider problem the crypto community are not addressing.
Re: North Korean hackers stole a record $1.7B of crypto last year
#4[dead]
Re: North Korean hackers stole a record $1.7B of crypto last year
#5[deleted]
Re: North Korean hackers stole a record $1.7B of crypto last year
#6Not bad for a supposedly backwards repressed regime, unless thats the least stolen compared to 1st world countries? It also exposes a wider problem the crypto community are not addressing.
> Not bad for a supposedly backwards repressed regime
What do you mean by supposedly?
> It also exposes a wider problem the crypto community are not addressing.
What wider problem? That money (in any form) can be stolen by a malevolent state?
Re: North Korean hackers stole a record $1.7B of crypto last year
#7Not bad for a supposedly backwards repressed regime, unless thats the least stolen compared to 1st world countries? It also exposes a wider problem the crypto community are not addressing.
> Not bad for a supposedly backwards repressed regime What do you mean by supposedly? > It also exposes a wider problem the crypto community are not addressing. What wider problem? That money (in any form) can be stolen by a malevolent state?
I think crypto has made it easier for them to steal money. I would be curious to see how much money oppressive regimes were able to steal and use before crypto to after
Re: North Korean hackers stole a record $1.7B of crypto last year
#8I wonder how many ICBM can that get you... probably like 3 or something...
- Found my answer: https://www.brookings.edu/what-nuclear-weapons-delivery-syst...
Not a lot...
Re: North Korean hackers stole a record $1.7B of crypto last year
#9At last. Someone has found a real world use case for crypto.
Re: North Korean hackers stole a record $1.7B of crypto last year
#10Not bad for a supposedly backwards repressed regime, unless thats the least stolen compared to 1st world countries? It also exposes a wider problem the crypto community are not addressing.
The crypto currency world is hyper focused on stopping this, considering it is one of the main avenues that statists attack crypto with now that the environmental nag is gone since the switch to Proof of Stake.
I would say, conservatively, the traditional banking and real estate markets are 10,000x worse than crypto markets, but are un-policed because it's hidden, unlike the public blockchain networks. The few scams that are exposed, like the HSBC money laundering scandal, dwarf all of the crime every committed via crypto. But we didn't even put HSBC out of business or put a single employee in jail!
Here is the Danish money laundering fraud that just concluded with $2 billion in fines on $160 billion in laundered money https://www.justice.gov/opa/pr/danske-bank-pleads-guilty-fra...