The focus on North Korean crypto theft has overshadowed a much larger problem, according to @ARedbord, who criticized the Trump administration's privateering push against cryptocurrency crime. While attention remains fixed on North Korea stealing billions from the crypto ecosystem, transnational criminal organizations and pig butchering networks are reportedly stealing hundreds of billions annually from small businesses and individuals.
The commentary highlights concerns about the effectiveness of current enforcement priorities in addressing the full scope of crypto-related financial crime.
Crypto Crime Advocate Says North Korea Focus Overshadows Larger Pig Butchering Problem
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