A South Korean court has sentenced a crypto exchange employee to four years in prison for selling military secrets to North Korea. The individual was also banned from financial activities for four years due to violations of the National Security Law. Authorities utilized blockchain data to trace a $487,000 Bitcoin payment from a North Korean hacker to the employee. This case highlights the effectiveness of enhanced crypto exchange regulations in tracking illicit transactions. Additionally, a military officer, Captain Kim, received a 10-year sentence and a $35,000 fine for his involvement. South Korea reported 36,684 suspicious crypto activities from January to August.
South Korean Crypto Exchange Employee Jailed for Selling Secrets to North Korea
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