Chainalysis Tracks North Korean Crypto Cash-Outs via Garantex
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Chainalysis traced North Korean crypto cash-outs through Garantex following US sanctions tied to alleged IT worker funding schemes.
Blockchain analytics firm Chainalysis traced North Korean cryptocurrency cash-outs through Garantex, according to Cointelegraph.
The analysis came after the United States imposed sanctions on 10 individuals and one entity accused of supporting North Korean IT worker schemes.
The allegations link those schemes to funding for North Korea’s weapons programs. The sanctions targeted people and an organization accused of helping the operations.
Source: Cointelegraph
