Odaily Planet Daily News Blockchain intelligence company TRM Labs released a special report, the report pointed out that North Korean hackers have stolen 200 million US dollars in cryptocurrency this year, accounting for more than 20% of all stolen cryptocurrencies in 23 years. Over the past five years, cybercriminals have stolen over $2 billion in funds.
A spokesperson for TRM Labs said that North Korean hackers used a variety of techniques to launder stolen funds, mainly using currency mixers after cross-chaining, and then quickly cashing out through exchange accounts. These exchanges usually have low KYC or anti-money laundering standards . After OFAC sanctioned Tornado Cash, Sinbad is often used for currency mixing. (Decrypt)