Recent findings indicate that cryptocurrency is being converted into cash to evade international sanctions. The report points to North Korea’s cyber networks, often described as ‘dark bankers,’ allegedly stealing digital assets through hacking. These assets are then moved into global markets to circumvent enforcement measures.
Analysts warn that illicit crypto flows hinder sanctions surveillance and complicate asset tracing. The scale and sophistication of these operations pose renewed challenges for policymakers and financial institutions. Lawmakers and regulators are increasing calls for enhanced monitoring of cross-border crypto transactions and strengthened cooperation with exchanges. The situation highlights the ongoing tension between enforcement and rapidly evolving digital asset markets.
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