Binance collaboration US Law Enforcement disrupts North Korean cyber funding: $4.4M seized, crippling rogue nation’s illicit operations.
In a bold move to combat illicit activities, Binance, the renowned cryptocurrency exchange, announced the seizure of approximately $4.4 million in cryptocurrency connected to North Korean organizations.
These fronts, known for their involvement in cybercrime, were attempting to fund the notorious Pyongyang University of Automation, infamous for training North Korean hackers.
North Korea, subjected to stringent sanctions, has resorted to unlawful means to generate funds, including crypto theft.
