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<p class="is-style-lead">Privacy protocol Railgun denies claims of North Korean hackers or sanctioned individuals using the platform, despite earlier claims from the FBI.&nbsp;</p>
<p>The assertions were initially fueled by a January 2023 <a href="https://www.fbi.gov/news/press-releases/fbi-confirms-lazarus-group-cyber-actors-responsible-for-harmonys-horizon-bridge-currency-theft" target="_blank" rel="noopener noreferrer nofollow">statement</a> from the FBI, which implicated North Korea’s <a href="https://crypto.news/lazarus-group-crypto-bull-market/" rel="noopener noreferrer nofollow">Lazarus group</a> in laundering over $60 million in Ethereum through Railgun. The funds were reportedly stolen in a June 2022 cyber attack.&nbsp;</p>
<p>Following the U.S. sanctions on popular crypto mixer <a href="https://crypto.news/tornado-cash-co-founder-claps-back-laundering-charges/" rel="noopener noreferrer nofollow">Tornado Cash</a>, there were speculations that Railgun was becoming a preferred alternative for such operations.</p>
<p>In a recent <a href="https://twitter.com/WuBlockchain/status/1780198055331213386" target="_blank" rel="noopener noreferrer nofollow">statement</a>, Railgun clarified that there is no concrete evidence to support claims of the platform’s misuse by sanctioned individuals or groups, including North Korea.</p>
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   <p lang="en" dir="ltr">RAILGUN protocol: "Any suggestion that sanctioned individuals, governments, or entities such as North Korea have used RAILGUN have no evidence &amp; are based only on speculation." From 2023, all RAILGUN transactions go through a Private Proofs of Innocence check which verifies that…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1780198055331213386?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 16, 2024</a>
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<p>You might also like: <a href="https://crypto.news/lazarus-group-crypto-bull-market/" rel="noopener noreferrer nofollow"> Is Lazarus Group the biggest threat to crypto in this bull market? </a></p>
<p>Railgun is recognized for implementing advanced <a href="https://docs.railgun.org/wiki/assurance/private-proofs-of-innocence" target="_blank" rel="noopener noreferrer nofollow">Zero-Knowledge</a> Privacy protocols that safeguard user transactions on dApps, thereby enhancing the privacy of defi transactions. The platform drew additional attention following a transaction by Ethereum co-founder <a href="https://crypto.news/vitalik-buterin-railgun-deposit-ethereum/" rel="noopener noreferrer nofollow">Vitalik Buterin</a>, who recently transferred 100 ETH, valued at about $325,000, to Railgun.&nbsp;</p>
<p><a href="https://platform.arkhamintelligence.com/explorer/address/0x9D22816f6611cFcB0cDE5076C5f4e4A269E79Bef" target="_blank" rel="noopener noreferrer nofollow">Arkham</a> data shows Buterin has regularly interacted with the Railgun using small amounts of ETH over the past six months. He <a href="https://twitter.com/VitalikButerin/status/1779845886224253369" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> on social media that wanting privacy is normal, noting that measures used by Railgun significantly reduce the risk of malicious parties infiltrating privacy pools.</p>
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   <p lang="en" dir="ltr">Privacy is normal.<br><br>Railgun uses the privacy pools protocol ( <a href="https://t.co/DekkatsMR5" target="_blank" rel="noopener noreferrer nofollow">https://t.co/DekkatsMR5</a> ) which makes it much harder for bad actors to join the pool without compromising users' privacy.<a href="https://t.co/MG0huDzpAu" target="_blank" rel="noopener noreferrer nofollow">https://t.co/MG0huDzpAu</a></p>— vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1779845886224253369?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">April 15, 2024</a>
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<p>The ongoing debate over privacy in the crypto space has also seen contributions from prominent figures like Coinbase CLO <a href="https://twitter.com/iampaulgrewal/status/1779992434635886976" target="_blank" rel="noopener noreferrer nofollow">Paul Grewal</a>, who has been vocal about the necessity for the legal protection of privacy rights. Grewal has argued against sanctions on platforms like Tornado Cash, advocating for the support of open-source privacy software under clear legislative frameworks.</p>
<p>Read more: <a href="https://crypto.news/south-korean-won-tops-global-crypto-trading-overthrowing-usd/" rel="noopener noreferrer nofollow"> South Korean won tops global crypto trading, overthrowing USD </a></p>

Railgun refutes FBI claims of North Korean misuse, upholds privacy

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