According to reports from Wu, on-chain detective ZachXBT pointed out in a post on platform X that the stablecoin USDC issued by Circle is widely used for payments by North Korean IT practitioners. He found that the related transaction volume recently reached tens of millions of dollars. ZachXBT criticized Circle for claiming to be 'compliant' while not taking freezing or monitoring measures, sarcastically stating, 'This is a criminal super cycle, and no one cares.'
On-chain detective reveals North Korean IT practitioners using USDC for tens of millions of dollars in transactions
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