Exposed: How US Crypto Exchanges Became North Korea’s Money-Laundering Blind Spot
Crypto’s dirty little secret just got dirtier. While regulators chase shadows, North Korea’s cybercriminals are cashing in—with Uncle Sam’s platforms unwittingly holding the door open.
The laundering loophole nobody’s watching
Forget Swiss banks—today’s money launderers are swapping fiat for crypto with shocking ease. US exchanges, bogged down by compliance theater, keep missing the red flags waving in blockchain’s immutable ledger.
Sanctions? What sanctions?
Pyongyang’s hackers pull off nine-figure crypto heists, then watch as their loot gets rinsed through ‘KYC-compliant’ platforms. The irony? These same exchanges will freeze your account over a $100 deposit if you forget to dot an ‘i’ on your paperwork.
As the Treasury scrambles to play catch-up, one thing’s clear: in the high-stakes game of financial whack-a-mole, the house always wins—until the DOJ comes knocking with subpoenas.
