How Genius North Korean Hackers Always Win

4 months ago
27

How do you money launder $1.5 billion dollars?

That’s what these North Korean hackers now have to figure out. Cuz even though they succeeded at the biggest crypto heist ever,
they haven’t gotten away with it yet.

You see, crypto is actually much harder to launder than regular cash. Like if you robbed a bank, your cash is good at almost any shop, money exchanger, and casino in the world. But if you commit a crypto heist,
all that digital money is traceable.

Anyone with internet can track exactly what wallets the crypto goes through. So services like Coinbase who help you exchange your crypto to cash, blocks those wallets. To get around this, the hackers usually could throw their crypto into a mixing service.

These pool together funds from other users, then sends out the same amount you put in, to a new wallet. But huge transactions will still attract attention. This is usually done on thousands of dollars, not millions, let alone billions So... Hacker images: Search “Kim Jong Un Computer” on Google images and you will get a few like:

https://gdb.voanews.com/d5445121-b3f8-4dc9-a97e b257a9667cad_w408_r1_s.jpg https://s.abcnews.com/images/International/rt_kim_jong_un_computer_wy_141218_16x9_992.jpg?w=384 https://iadsb.tmgrup.com.tr/607869/1200/627/0/0/645/337?u=https://idsb.tmgrup.com.tr/2019/08/13/un-says-probing-35-north-korean-cyberattacks-in-17-countries-1565646236932.jpg https://platform.vox.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/15113096/75007cbc.0.0.1492208786.jpeg?quality=90&strip=all&crop=14.98117267348,0,70.037654653039,100 https://media-cldnry.s-nbcnews.com/image/upload/t_fit-760w,f_auto,q_auto:best/streams/2013/March/130325/1B6618392-pb-130325-nk-da-03.jpg https://i.insider.com/5af06b0319ee8624008b4951?width=700 https://image.cnbcfm.com/api/v1/image/104715736-RTX3GH4G.jpg?v=1529452362 https://s.marketwatch.com/public/resources/images/MW-EW376_jong_u_ZG_20160921134049.jpg https://compote.slate.com/images/5cd4311c-3b1e-4499-9926-8061a369f866.jpg https://jernih.co/wp-content/uploads/Laptop-Korut.jpg

Sources: https://www.coinjoins.org/ https://x.com/tornadocash?lang=en https://www.cnbc.com/2025/02/21/hackers-steal-1point5-billion-from-exchange-bybit-biggest-crypto-heist.html

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