NK Hackers Cash Out $10sM via Trump-Backed Crypto Platform
North Korean hackers have been actively using Hyperliquid, a cryptocurrency platform, to move tens of millions of dollars. This comes at a time when former US President Donald Trump is pushing for the onshoring of the platform in the United States.
According to reports, the North Korean hackers have taken advantage of the platform's lax regulations and anonymity features to launder illicit funds.
The move has raised concerns about the potential risks associated with allowing cryptocurrency platforms like Hyperliquid to operate within US borders.