Nfts
North Korea likely has ‘expertise’ to steal more NFTs to fund its regime, US says
North Korean cybercriminals may have developed the expertise to increasingly mine non-fungible tokens (NFTs) to generate revenue for the regime, the US Treasury Department warned in a new report.
The first one Assessing Illicit Financing Risks of NFTs released on Wednesday indicates that the DPRK has sent thousands of highly qualified IT professionals around the world, who are often employed to work on projects involving digital assets, although most of the money laundering, terrorist financing and Proliferation financing is currently done in fiat currency.