North Korea Using Bitcoin And Monero To Fund Nuclear Program

North Korea Using Bitcoin And Monero To Fund Nuclear Program
фото показано с : cryptodaily.co.uk

2018-9-28 16:30

Ever heard of the term crypto laundering? North Korea (DPRK) is trading, laundering and mining cryptocurrencies such as Bitcoin (BTC) and possibly Monero (XMR) in order to evade U. S. sanctions, intelligence experts tell Asia Times.

The isolated country with a population of 25 million could be raising up to $200 million USD to fund its nuclear and ballistic missile programs through digital coins.

Lourdes Miranda, a financial intelligence analyst, and Ross Delston, an expert in terrorist financing, told the paper that Kim Jong-un’s regime is trading cryptocurrencies on various exchanges as well as mixing coins (which obscures the senders and receivers of tokens).

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