Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
AFP News

THE TRUTH ABOUT: Us slaps sanctions on crypto mixer used by n koreans for laundering - The Untold Story

US Deputy Treasury Secretary Wally Adeyemo said authorities would not hesitate to act against illicit actors in the digital asset ecosystem (Credit: AFP)

The United States on Wednesday slapped sanctions on a crypto mixer that it said was serving as a money laundering tool for hackers affiliated with the North Korean government.

Crypto mixers are software allowing users to obfuscate transactions, and have been used by hackers in attempts to convert crypto into traditional currency.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.