By Daphne Psaledakis
North Korea, cybercriminals, ransomware attackers, thieves and scammers are using decentralized finance (DeFi) services to transfer and launder their illicit proceeds, the U.S. Treasury Department warned on Thursday.
So-called DeFi platforms allow users to lend, borrow and save, usually in cryptoassets and stablecoins, without using banks.
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