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Crypto Exchange Bug Reveals North Korean Monero Laundering

ShapeShift, a U.K.-based cryptocurrency exchange, was hacked by a North Korean-linked group. The group laundered cryptocurrency that came from a notorious ransomware attack in 2017. The issues put at risk the privacy of some other users of Monero, a cryptocurrency designed to provide a high degree of privacy, who transacted on ShapeShift. An independent analyst who studies blockchain and cryptocurrencies says the research highlights broader security issues with Monero. ShapeShift says it has addressed the API issue and indicated that users should have known their transaction details could be gathered per its terms of service.”]

Source: https://www.bankinfosecurity.com/crypto-exchange-bug-reveals-north-korean-monero-laundering-a-17629

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