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Ryan Sean Adams

πŸ‘€ Speaker
4484 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

And part of that is something that only another nation state can actually do, is to actually just, I don't know, I saw pictures of the guy, what's his name again?

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

Shenzi.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

Shenzi.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

Shenzi being arrested.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

I mean, you got the sense that there was cooperation with the government, the special forces kind of like came in and just like picked this guy up and brought him to justice.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

I saw like a bag over his head.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

Maybe.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

You can take the money.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

That's right.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

I do think that's a powerful tool.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

That's part of the offense that you were talking about.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

But can we talk about the victims here?

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

Because it's always been unclear to me where that $15 billion goes, right?

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

Does the US government just seize it and take it and, hey, now it's part of the strategic Bitcoin reserve.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

You're welcome, everybody.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

The reality is that $15 billion was taken from hundreds of thousands of individuals, U.S.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

citizens, other citizens of the world, through these intricate pig butchering campaigns.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

For those not familiar with that, I think it's the idea that you fatten up the victim by treating them nicely, socially engineering them, catfishing them, pretending to be an interested party, business relationship, girlfriend, something like this.

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

And then you sort of milk them for their funds, right?

Bankless
Why North Korea Is Winning Crypto Crime and How to Fight Back | Ari Redbord, TRM Labs

Socially engineered.