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4 Comments
tldr; Stablecoin issuers Tether and Circle have blacklisted wallet addresses linked to the North Korean hacker group, Lazarus Group, containing $4.96 million in various stablecoins including USDT, Circle, TUSD, and BUSD. This action is part of broader efforts to combat crypto-related illicit activities, with a total of $6.98 million frozen from addresses connected to the Lazarus Group. The move demonstrates the evolving efforts by the crypto community to address and mitigate the impact of illegal activities in the ecosystem.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
That’s a good start, now the next $6 billion.
Sounds a lot like what a bank would do. Not that I care.
This is both good and bad. Its an effective way to stop on-chain crimes – but crypto shouldnt be able to get frozen. Then again I guess stablecoins arent exactly crypto