Post
Topic
Board Bitcoin Discussion
Re: CRYPTOCURRENCY IN NORTH KOREA
by
squatter
on 25/04/2020, 23:08:23 UTC
Kim Jong Un is rumored to be dead. Seeing as North Korea's billions of dollars worth of cryptocurrency was amassed under his dictatorship, will a succession in North Korea change their course? Could it have any implications for the Bitcoin market, given how much they own?

The only area worth paying attention to is government hacking. I'm sure they would take grrreat pleasure cleaning out American companies. So far it seems to South Koreans and the Japanese who are the stupidest and leave themselves wide open.

I would love to know how they manage to launder the funds they spirit away.

They use complex peel chains and mixing, then use Chinese agents to sell to OTC brokers who interface with Huobi, OKEx, and other lax exchanges. It's a game of cat-and-mouse that North Korea has mostly been winning, due to how slow law enforcement is to even charge and sanction co-conspirators.