Chinese Hackers Charged For Laundering Cryptocurrency Worth 91 Million Dollars
Information reaching us has it that The United States of America have charged two Chinese hackers for their role in the laundering of more than 91 million dollars worth of cryptocurrency. The interesting part of this issue is the fact that the said money was later stolen by another set of Hackers from North Korea.
The two Chinese hackers by name Tian Yinyin and Li Jiadong where said to have taken part in the process by providing support ( financial and technological) to the North Korean hacking group.
according to a post from DailyMail, “The hackers used doctored photographs and fake identification to avoid scrutiny and used the stolen money to pay for tools used in other North Korean hacking campaigns, the Justice Department said.
Authorities charge that between December 2017 and April 2019, Yinyin and Jiadong were responsible for laundering over $100 million in cryptocurrency. “
Read More: MecoCash Enables Litecoin Witdrawal From Korean ATM
Know more about Cryptocurrency, blockchain technology and the happenings in the industry by visiting our Crypto Updates category.
Feel free to stop by our Airdrop Category to stay updated with the latest verified airdrops in the cryptocurrency world.
Read our crypto-related reviews by visiting our Review category