Many of the cyber crimes of virtual assets around the world have been claimed to be related to the North Korean government.

Chynalisys, a blockchain data tracking analysis company, said on the 22nd, “The use of mixers in 2022 reached an all-time high due to state-led crimes and cyber crimes.”

Mixer is a technology that splits, mixes, and redistributes virtual assets, and is mainly used in crimes as it can be hidden so that it cannot be known who sent them.

Mixers are easily available to cybercriminals because they rarely request a customer verification system (KYC),” Chynalisys explained. According to Chynalisys, 10 percent of all funds sent from actual illegal addresses were sent to the mixer. Only 0.3% of the total amount was transferred to the mixer from a non-illegal address.

Mixer usage began to increase significantly compared to the quarter from 2020. As of this year, the amount of mixer usage has slowed down a bit, but it is reaching an all-time high.

Mixer usage increased mainly when the amount of money generated from centralized exchanges, Defi (de-centralized finance), and addresses connected to illegal activities increased.

In particular, the ratio of the amount generated from the illegal address of the index doubled from 12% last year to 23% this year.

By fonuder

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