Crypto asset investigator targets Circle… "North Korea uses USDC but they don't stop it"
Uk Jin
Summary
- Claims have been raised that Circle, the issuer of USDC, is not taking action regarding North Korea's criminal use.
- The crypto asset investigator stated that North Korean IT personnel mainly use USDC for payments.
- Even though USDC transaction volume recently increased by 8%, it is reported that concerns in the market remain high due to the ongoing crime supercycle.

There has been a claim that Circle, the issuer of USDC, is turning a blind eye to North Korea's criminal activities.
On the 1st (Korean time), prominent crypto asset (cryptocurrency) investigator ZachXBT pointed out via X (formerly Twitter) that "Circle is aware that North Korean IT staff primarily use USDC for payments, yet takes no action."
He added, "It's true that USDC's transaction volume has increased by 8%," but emphasized, "However, as this is now a crime supercycle, no one cares anymore."

Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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