According to the crypto detector, the situation in the industry deteriorated against the background of the launch of political memcoids and the inaction of some platforms that continue to charge commission fees, even if more than half of activity in their protocols is related to stolen means.
“Hacker groups, such as Lazarus Group, freely wash the funds from their attacks on the BYBIT exchange through DMM Bitcoin and Wazirx attacks. In this, they are increasingly helped by small brokers and networks specializing in money laundering, ”writes Zachxbt.
He criticized the influens who promote fraudulent projects, and the judicial system guided by the obsolete law and the attackers sides.
According to the expert, phishing and social engineering does not bring such income as before, since scammers successfully deceive users, launching in a large number of supposedly profitable digital assets.
Earlier, Zachxbt suggested that the growth of users and the volume of transactions on the Lifi Protocol platform may be associated with laundering of funds previously stolen from the DPRK for BYBIT crypto -rhin.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
