Sunday, June 4, 2023

Binance helped US authorities freeze $4.4M linked to DPRK cybercrime orgs By Cointelegraph


Crypto exchange Binance has revealed it “assisted US law enforcement” in seizing $4.4 million worth of crypto assets connected to North Korean cybercrime syndicates.

In a May 25 Twitter thread, Binance said that through its Binance Investigations team, it worked with law enforcement in the United States to hamper the “illicit revenue generation activities” of four now-sanctioned entities in North Korea.