BITPRISMIA
Blockchain investigator ZachXBT exposed a scheme where five North Korean IT workers used over 30 fake identities to infiltrate cryptocurrency projects, with evidence including breached device data and on-chain transactions linking them to exploits.
ZachXBT criticizes Ripple, Circle, and Tether, stating that Ripple is 'infinitely' worse than Tether and lacks organic users, while highlighting concerns about Circle's compliance with North Korean IT workers using USDC.
ZachXBT accuses USDC of enabling North Korean crime, while FATF warns about stablecoins' role in illicit finance.
ZachXBT traced a $31M Bitcoin donation to Ross Ulbricht's wallet, uncovering its likely origin from the AlphaBay darknet marketplace through advanced blockchain analysis.