How North Korea Launderers Evade Blockchain Analytics Tools
Original title: How North Korea's Launderers Try to Shake Off Blockchain Analytics
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Summary
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Key points
- Funds from the $6.3 billion Binance hack scattered from 10 wallets to hundreds of new addresses in slightly over a day.
- TraderTraitor relies on Chinese-speaking money laundering organizations.
- Scripted washing machine activity is used to break the taint trail followed by analytics tools such as Chainalysis, TRM, and Elliptic.
- TraderTraitor received its name due to Trojanized trading apps and fake job interviews.
Questions
What is TraderTraitor?
Which tools are used to follow taint trails?
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