How North Korean Hackers Launder Billions in Stolen Crypto
Photo: Pixabay (illustration)
North Korea-linked operators use cross-chain swaps, decentralized exchanges and professional intermediaries to move stolen cryptocurrency. THORChain played a documented role in processing assets associated with the 2025 Bybit theft, illustrating how legitimate liquidity infrastructure can be exploited. OTC brokers and informal settlement networks create financial relationships that are not fully visible through blockchain transaction records. North Korean hacking groups have turned cryptocurrency theft into a sophisticated financial operation, relying on cross-chain infrastructure, professional money launderers and informal payment networks to move assets beyond the reach of exchanges and law enforcement.
Source: Crypto News Flash
