US court orders seizure of 279 virtual currency accounts containing criminal proceeds from North Korean hacking
A US court has ordered the confiscation of 279 virtual currency accounts containing proceeds from North Korean hacker crimes. US District Court Judge Timothy Kelly in Washington, DC approved the federal prosecutor's request for a summary judgment on these accounts and ordered their confiscation on May 8. This ruling means that these accounts are now under the control of the US Department of Treasury.
Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.
You may also like
Sei Foundation proposes version 2 network upgrade to bring EVM compatibility
Quick Take The Sei Foundation has proposed an upgrade to the Sei blockchain, targeting a transition to version 2. This upgrade aims to introduce a high-performance, parallelized Ethereum Virtual Machine.
Uniswaps Labs and Across Protocol introduce token standard ERC-7683 for better cross-chain interoperability
Quick Take Uniswap Labs and Across Protocol introduced a new Ethereum token standard called ERC-7683. ERC-7683 aims to create a universal filler network for all cross-chain intents to follow in their order structure, tackling relayer fragmentation. This would result in lower costs for fillers, a broader filler network for apps to use and lower costs passed onto users.