North Korea laundered nearly $150 million in stolen cryptocurrencies with Tornado Cash in March, Reuters reported, citing United Nations sanctions monitors. 

North Korean cybercriminals deposited the ill-gotten funds, worth $147.5 million, onto the privacy-preserving in a bid to throw law enforcement off its tracks, the monitors said Friday in a note to the U.S. Security Council sanctions committee. The illicit funds, worth $147.5 million, were stolen from the HTX crypto exchange last year, according to the document seen by Reuters. 

Tornado Cash, a coin mixer, obfuscates the movement of cryptocurrencies by severing the on-chain link between the source of a digital asset transaction and the wallet address of its recipient, making it difficult for law enforcement to trace the …