Watchdog Accuses Trump’s Crypto Venture Of Selling Tokens To North Korea, Iran

Watchdog Accuses Trump’s Crypto Venture Of Selling Tokens To North Korea, Iran

United States President Donald Trump’s crypto venture is facing fresh scrutiny after a government watchdog said the project sold tokens to buyers linked to hostile or sanctioned actors, including entities tied to North Korea and Iran. Related Reading: NBA Star Strikes Gold In Forgotten Bitcoin Stash – Details The watchdog’s findings have added a political […]


Related News

UN Report: North Korea Stockpiles $316 Million in Cryptocurrencies From Cyber...

A panel of experts at the United Nations says that North Korea has amassed $316 million in cryptocurrencies from various cyberattacks on crypto exchanges and financial institutions. The panel also investigated North Korea’s involvement in the $281 million hack of a crypto exchange. UN Expert Panel Sheds Light on North Korea’s Cyberattack Activities A United Nations panel of experts has submitted a draft report reviewing the measures on North Korea to the Security Council’s North Korea Sanctions Committee. Nikkei says it has obtained a copy of the document, noting that it....

North Korea Fires Crypto Bomb At US, Calls It ‘King of Theft’

North Korea has always hogged the headlines – not only for its “habitual” firing of ballistic missiles (which irks Uncle Sam and his allies) – but also for its passion for (allegedly) stealing other countries’ crypto. On Thursday, (Feb. 10), North Korea accused the US of stealing funds and committing underhanded cybercrime just days after […]

New North Korea Hack Shows Enterprises Need The Blockchain

But the threats by North Korea extend to the cyberspace department as well. South Korean officials claim the North has “an effective cyber army”, which has been responsible for various attacks over the past few years. The war between North Korea and South Korea is still going on behind the scenes to this very day. A new report surfaced as to how North Korean hackers stole data of over 10 million South Korean shoppers. While these claims have yet to be proven, the police are investigating the data breach. Once again, this is a clear example of how more secure solutions are needed to....

UN Says North Korea Funded Nuclear Weapons With Crypto Hacks in 2020: Report

U.N. experts estimate that over $316 million in crypto was stolen by North Korea-linked hackers last year.

South Korea Sets Up Digital Asset Committee, Fast Tracks Crypto Regulation Ef...

South Korea aims to form a digital asset watchdog by June, according to local media sources. The committee will oversee regulation of the space until the government is able to draft basic laws on digital assets. South Korea Launch Crypto Watchdog The committee will be unveiled during the last week of June, according to a […]