FBI releases an important public announcement you should know

The Democratic People’s Republic of Korea (“DPRK” aka North Korea) is conducting highly tailored, difficult-to-detect social engineering campaigns against employees of decentralized finance (“DeFi”), cryptocurrency, and similar businesses to deploy malware and steal company cryptocurrency.

Crypto firms were amongst the greatest money laundering risk, according to a U.K. government report.

Crypto firms, alongside retail banking, wholesale banking and wealth management, posed the greatest risk of being exploited for money laundering between 2022 and 2023, a report by the government’s financial arm said on Wednesday.