UN Experts Say North Korea Laundered $147,500,000 in Stolen Crypto via Tornado Cash in March: Report

UN Experts Say North Korea Laundered $147,500,000 in Stolen Crypto via Tornado Cash in March: Report


Members of a United Nations expert panel monitoring North Korea sanctions reportedly found a link between the totalitarian state and the crypto mixer Tornado Cash.

According to Reuters, a confidential document from the monitors told the U.N. Security Council sanctions committee that North Korea used Tornado Cash to launder $147.5 million worth of stolen crypto assets earlier this year.

The eight-member panel of experts was disbanded in April after Russia vetoed the renewal of its mandate. In the unfinished work they submitted on Friday, the monitors say they were investigating 97 suspected North Korean cyberattacks on cryptocurrency companies involving around $3.6 billion worth of assets.

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The attacks, which happened between 2017 and 2024, include the $147.5 million theft that targeted Seychelles-based crypto exchange HTX last

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