Treasury releases 2023 DeFi illicit finance risk assessment

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

The Treasury Dept. released its first-ever illicit finance risk assessment of decentralized finance (DeFi) services to cybercriminals and state actors like North Korea.

Check Point Software Technologies CEO Gil Shwed discusses competition in the cybersecurity space and explains why health care is the number one target of hackers on The Claman Countdown.of decentralized finance services around the world.

Cybercriminals, ransomware attackers, scammers and state actors like North Korea are exploiting vulnerabilities in decentralized finance services to steal and launder money according to the Treasury Dept. "Our assessment finds that illicit actors, including criminals, scammers, and North Korean cyber actors are using DeFi services in the process of laundering illicit funds. Capturing the potential benefits associated with DeFi services requires addressing these risks," Nelson added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ayo Lauren Here’s A Little Story All About How The Blaze Took FBN Prime And CNN+ From Glory blazers round2 youstalkedmeweirdo

10 Bandz, 50 Bandz, F*k Man Let’s Just Not Even Discuss It Then blazers newspath round2

Yes, your getting sued, again losers youstalkedme blazers newspath

Here’s a KennedyNation Dog, The flaming blaze you fought for worked CNN+ for 6months and no subscribers! They were gone in one week... Who’s Still In? Media Desk Who Stayed On? Who J’d Number 1 in your face while you sat on the couch with no plan to be on air? The Blaze 😂

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. Treasury publishes DeFi-focused illicit finance risk assessmentThe U.S. Treasury Department published an illicit finance risk assessment report focused specifically on DeFi. TLDR: the dolla is the criminal's currency of choice
Source: TheBlock__ - 🏆 464. / 53 Read more »