Feb 17 2024
A new U.S. government report claims digital assets can help criminals flout federal sanctions law. Authors asserted that foreign states working against American interests – including Iran and North Korea – “are using digital assets to evade the impacts of those sanctions.” Blockchains like Bitcoin (BTC) are well-known for having poor privacy, and have been …
Jul 13 2023
The sanctions are a direct response to North Korea’s threat of launching a long-range ballistic missile last week. Kimsuky has orchestrated these cyber thefts via a means known as “social engineering,” according to multiple U.S. and South Korean intelligence and law enforcement agencies. In the realm of cybersecurity, social engineering involves deceiving a target into …