But the North Korean playbook has evolved in the last few years. One tactic, known as a “peel chain,” moves money in rapid and automated transactions from one Bitcoin wallet to new addresses through hundreds or thousands of transactions in a way that both hides the source of the money and lessens the risk of setting off red flags. Another approach, called “chain hopping,” moves the money through different cryptocurrencies and blockchains to get it away from Bitcoin—where ...
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