Hackers Adapt Tactics

North Korean operators respond by changing laundering routes, using more privacy tools, smaller transactions, decentralized exchanges, and non-U.S. over-the-counter desks. This is a plausible but less likely outcome because the seizure demonstrates that prior laundering methods are increasingly vulnerable.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.