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News Explorer — Cryptocurrency Enables Sanctioned States to Finance Illicit Weapons Programs, As Highlighted in the FATF Report

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Jun 27, 3:11 pm

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Cryptocurrency Enables Sanctioned States to Finance Illicit Weapons Programs, As Highlighted in the FATF Report

A June 2025 report by the Financial Action Task Force (FATF) reveals that sanctioned states like North Korea and Iran are increasingly using cryptocurrency to fund illicit weapons programs. Threat groups like Lazarus are key players in exploiting blockchain-based assets for proliferation finance networks.

A June 2025 report by the Financial Action Task Force (FATF) reveals that sanctioned states like North Korea and Iran are increasingly using cryptocurrency to fund illicit weapons programs. Threat groups like Lazarus are key players in exploiting blockchain-based assets for proliferation finance networks.

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