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North Korea Allegedly Using Altcoins to Alter $1.5B in Stolen Funds to Cash

North Korean hackers are supposedly using untraceable altcoins to convert stolen cryptocurrencies into cash. North Korea-based cybercriminals are supposed to be using undetectable alternative cryptocurrencies, or altcoins, to convert stolen funds into cash. Rendering to an NK. News statement, an unpublished United Nations Panel of Experts report, mentions that North Korea-based hackers have stolen around $1.5 billion in cryptocurrencies, & they were converting a portion of that amount into cash. Using Altcoins, Mixers & Slackly Controlled Exchanges: The hackers intentionally transact using privacy-fixated altcoins as they are hard to trace & track, moving the stolen assets to slackly controlled cryptocurrency…

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