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Exposed: How North Korea’s Hackers Exploit Circle’s ‘Compliant’ USDC for Illicit Gains
Exposed: How North Korea’s Hackers Exploit Circle’s ‘Compliant’ USDC for Illicit Gains
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Blockchain sleuth ZachXBT drops a bombshell: The DPRK’s cybercriminals are laundering funds through the ‘regulated darling’ of stablecoins. Guess compliance isn’t bulletproof after all.
The Irony of ‘Clean’ Crypto
While regulators cheer USDC’s transparency features, Lazarus Group and other state-sponsored hackers are reportedly using it to move stolen millions. Nothing says ‘compliant’ like funding nuclear programs, right?
Treasury’s Worst Nightmare
Chainalysis data suggests over 60% of recent DPRK crypto heists eventually touch USDC—proving even KYC’d stablecoins can’t escape crypto’s dirty little secret: money finds a way.
_‘Another win for decentralized finance,’ muttered no sanctions officer ever._
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