$40 Million Bitcoin Sell-off Ahead By North Korean Hackers, Warns US FBI
A $40 Million Bitcoin Sell-off Awaiting, Warns FBI Over the past 24 hours, the FBI has been closely monitoring the movements of stolen cryptocurrency amounting to hundreds of millions of dollars. It is suspected that the DPRK, through its TraderTraitor-affiliated operatives, might make a move to liquidate their bitcoin holdings valued at an astonishing $40 million. advertisement The FBI’s extensive investigation has led to the discovery of about 1,580 bitcoin stolen from various cryptocurrency heists and currently held in multiple Bitcoin addresses. These assets are controlled by TraderTraitor-affiliated players, raising concerns about the potential consequences for the cryptocurrency market. Individuals associated with TraderTraitor and related to the DPRK have been responsible for many large international cryptocurrency thefts. On June 22, 2023, Alphapo was robbed of $60 million in virtual money; CoinsPaid was robbed of $37 million on the same day; and At...