#Crypto

🇰🇵 DPRK hackers are using $USDC on a massive scale

❗️#ZachXBT has accused #Circle of inaction regarding crypto laundering through USDC:

- USDC is the main currency used by North Korean hackers to receive payment for attacks.

- Despite public statements, Circle does not block suspicious transactions or respond to signals.

- Most transactions go through DeFi protocols and CEX, which do not control the origin of funds.

- Critics demand stricter monitoring and transparency from the USDC issuer.

💬 Cryptocurrency with KYC is not always synonymous with security