North Korea’s $30M crypto cashout just handed legacy finance its best weapon to kill DeFi’s US debut
CME and ICE advised Washington in May that Hyperliquid’s pseudonymous, always-on markets might let sanctioned state actors circumvent enforcement. On Aug. 31, an Arkham evaluation reviewed by CoinDesk discovered that wallets linked to North Korea’s Lazarus Group had bought greater than $30 million of Bitcoin by Hyperliquid over the prior three weeks. The proceeds have…
