North Korea Just Failed Really Hard...

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  • Опубликовано: 15 сен 2024
  • Hello guys and gals, it's me Mutahar again! This time we take a look at a program known as "3CX" which was recently breached by North Korean hackers (or so it's believed) in a supply chain attack. This managed to damage just shy of 10 computers and while it could have been catastrophic it ended up doing nothing in the grand scheme thankfully. Why did they do this? Let's find out! Thanks for watching!
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    Check out the newest podcast episode: • We Watched Velma For T...

Комментарии • 1,2 тыс.

  • @SomeOrdinaryGamers
    @SomeOrdinaryGamers  Год назад +359

    Check out the newest podcast episode: ruclips.net/video/7fzk-QmDkvo/видео.html

  • @ihavetowait90daystochangem67
    @ihavetowait90daystochangem67 Год назад +4493

    Mutahar’s sinister laugh feels like he’s the one Sabotaged Kim Jong Un’s Hack

    • @Wackaz
      @Wackaz Год назад +20

      I didn't know Muta became a neo-con pro-imperialist who believes in, and shares Western propaganda. Funny, sad, but telling, how most old school RUclipsrs have become total liberals nowadays.

    • @rahatzaman8120
      @rahatzaman8120 Год назад +249

      ​@@Wackaz you a North Korea fan or something ?

    • @troubleturkey
      @troubleturkey Год назад +174

      @@Wackaz you good bro?

    • @clementpoon120
      @clementpoon120 Год назад +144

      @@Wackaz so much for trying to not see politics for 3 bloody seconds

    • @broingup1239
      @broingup1239 Год назад +90

      @@Wackaz I don't even know what that means

  • @tametalks6102
    @tametalks6102 Год назад +1498

    as someone who knows nothing about computer code you did a great job explaining what all of this means without having to give me a class on it

    • @DontDefuse
      @DontDefuse Год назад +2

      @Chill X fr?

    • @MrFunzerker
      @MrFunzerker Год назад +14

      @Chill X Bro who is Ordinary Gamer? I only know of SomeOrdinaryGamers.

    • @reorders9868
      @reorders9868 Год назад +1

      @@DontDefuse Fr

    • @ToxicFruitSnack
      @ToxicFruitSnack Год назад +1

      @@DontDefuse ye

    • @MrFunzerker
      @MrFunzerker Год назад +13

      Bro left after making a fool of himself LOL. He thought he had dirt on some guy named Ordinary Gamer.

  • @shubashuba9209
    @shubashuba9209 Год назад +2290

    When you said North Korea failed, I was hoping that they accidentally nuked themselves.

    • @rabbadoodles4522
      @rabbadoodles4522 Год назад +81

      Same lol

    • @JustSomeRandomBurger
      @JustSomeRandomBurger Год назад +146

      Was honestly expecting that. Could still be a possibility 😂

    • @Wackaz
      @Wackaz Год назад

      What hit you all in the head as babies to make you Muricans so vehemently and delusionally hateful toward a country YOU have bullied for the last 70+ years?

    • @osuplaeyurreallygood
      @osuplaeyurreallygood Год назад +1

      why are you hoping for the death of millions of innocent people?

    • @noboto4686
      @noboto4686 Год назад +418

      I'd still feel bad for the innocent civilians tbh

  • @evillecaston
    @evillecaston Год назад +553

    The fact that North Korea is so desperate to hack crypto bros is hilarious and sad at the same time. And now they can't even do that right!

    • @AnarchoTak
      @AnarchoTak Год назад +17

      unfortunately they are usually successful

    • @darianstarfrog
      @darianstarfrog Год назад

      Couldn't happen to a better group of douches 😂

    • @javierpatag3609
      @javierpatag3609 Год назад +18

      @@AnarchoTak True, but may as well enjoy when they fail.

    • @bluephreakr
      @bluephreakr Год назад

      Even better - crypto is *tanking* right now. Like what, they're going to steal all of the bitcoin? At the going rate with NFTs and grifts devastating crypto's _overall_ reputation it's becoming next-to-worthless.

    • @cherrytheandroid9205
      @cherrytheandroid9205 Год назад +18

      @@AnarchoTak Well Crypto bros are taking L's every day so, It's fine lol

  • @SlimeGPT
    @SlimeGPT Год назад +845

    The existence of a hacker collective in North Korea indicates that those involved possess elevated privileges and access to money. It's well known how oppressive and heavy-handed the government there is. In the United States, most hackers are downtrodden and flat broke. I just see that as an odd dynamic.

    • @g76agi
      @g76agi Год назад

      "In the United States, most hackers are downtrodden and flat broke." Uh what? Most "hackers" are either government employed, or criminals, or use their IT prowess to get good jobs

    • @damikey18
      @damikey18 Год назад

      Well its one of a few ways that North korea makes its money from doing highly illegal stuff such as using hackers to steal large amounts of cash

    • @JunkBondTrader
      @JunkBondTrader Год назад +159

      "most" are downtrodden. Thing is, the states has both. The downtrodden and then the privelaged, powerful ones.

    • @SlimeGPT
      @SlimeGPT Год назад +1

      ​@Junk Bond Trader Absolutely true. The US loves to "flip" people. Catch one of the galaxy brains that have managed to get us, and hand them a blank check.

    • @SlimeGPT
      @SlimeGPT Год назад +56

      @The wanderer Fact. I'm starting to think I didn't think my statement through very well 🤪

  • @zackrasphodos.2305
    @zackrasphodos.2305 Год назад +80

    I’d like to imagine that the hackers has also stole scam/meme coins too thinking that it would be easy money but end up getting shafted after stealing coins like save the kids, TITs, etc.

  • @Rubiktor012
    @Rubiktor012 Год назад +517

    Muta out here covering cybersecurity topics that could sometimes be considered government secrets. My man.

    • @christianthompson7915
      @christianthompson7915 Год назад +23

      this is what happens when your country supports freedom of speech

    • @blackraven8841
      @blackraven8841 Год назад +9

      @@christianthompson7915 Canada supports like 70% free speech.

    • @krishnabasavaraju2926
      @krishnabasavaraju2926 Год назад

      @@christianthompson7915 well its good to bring shit like this to light instead of letting north korea do whatever they want in secret

    • @christianthompson7915
      @christianthompson7915 Год назад +4

      @@blackraven8841 canada has decent freedom of speech laws, the us might be better but canada isn’t too bad

    • @bobanmilisavljevic7857
      @bobanmilisavljevic7857 Год назад +5

      ​@@christianthompson7915 I saw those videos of Canadian police arresting people during the lockdowns. As an American, I like to pass this message..
      Let's go Brandeau!

  • @mr.patriotjol
    @mr.patriotjol Год назад +444

    Since when did North Korea ever successfully did something

  • @Jordan-gb4ex
    @Jordan-gb4ex Год назад +200

    Thanks for the great cybersecurity content muta, recently been studying cybersecurity for the security+ certification and having someone covering these topics helps a lot!

    • @Zaguzah
      @Zaguzah Год назад +7

      Ditto!

    • @chezswing
      @chezswing Год назад +3

      Same!

    • @GodlyAwesome
      @GodlyAwesome Год назад

      Professer messor on yt is obe of the best resourcws for all CompTIA stuff, used his stuff for the A+ and am currently using it for the NET+, he should have material on the SEC+

    • @HastelloyC276
      @HastelloyC276 Год назад +2

      same here

  • @shadowgirl00
    @shadowgirl00 Год назад +28

    So fun story, I book appointments for a living, and my workplace uses 3CX. I was on an airplane going on holidays when this all went down, and I found out about 12 hours later because I often like to listen to Muta and others while I cook. So news about the breach showed up on my feed while I was scrolling while having breakfast. My first thought, well IT is going to have a field day, and my second thought was, I can never leave work without something weird happening.

  • @brutaljustin1349
    @brutaljustin1349 Год назад +27

    This is a rare sight to see a well-lit video from Muta.

  • @Gishshock
    @Gishshock Год назад +102

    Mutahar laughing.
    Must be an excellent video.

    • @pozowbologi5793
      @pozowbologi5793 Год назад +3

      he laughs in like every video

    • @sacxcharine
      @sacxcharine Год назад +12

      @@pozowbologi5793 every video is excellent

    • @pozowbologi5793
      @pozowbologi5793 Год назад +4

      @@sacxcharine i knew someone was gonna say that and i couldnt agree more

    • @EnaTenkiyoGamer
      @EnaTenkiyoGamer Год назад +2

      Mutalaugh.gif

    • @superalientime3938
      @superalientime3938 Год назад

      watch the vid before you comment low effort garbage, its not a race

  • @GOLMONT-rd8hu
    @GOLMONT-rd8hu Год назад +19

    When I see North Korea and Failed in the same video title, I know it's going to be a real treat to watch

  • @slaps1455
    @slaps1455 Год назад +29

    Muta’s laugh is easily the best intro on YT

  • @AbsoluteDark
    @AbsoluteDark Год назад +171

    I really do wish for the people of nations like Russia, China, and Korea to be free of their corrupt rulers.

    • @theminecraft4202
      @theminecraft4202 Год назад +6

      hahahahaahaa

    • @talimancern7724
      @talimancern7724 Год назад

      That will never happen because the civilians are cowards or brainwashed.

    • @WyattOShea
      @WyattOShea Год назад +24

      @@theminecraft4202 So you think human suffering is funny?. Wow you're a great person..... 🙄. Is it naive? probably but I can't see a reason to not want the bad leaders gone so hopefully good enough leaders could be put in place so the people no longer have to suffer.

    • @SH1TPUSHER
      @SH1TPUSHER Год назад +21

      ​@@WyattOShea i think it's funny when scammers and hackers are suffering

    • @anon_y_mousse
      @anon_y_mousse Год назад +3

      @Absolute Dark I'd love to see Korea united as one country.

  • @Booshay__
    @Booshay__ Год назад +63

    Muta, this was super informative. Would love more cybersecurity videos.

  • @poisenbery
    @poisenbery Год назад +17

    DLL's were so mysterious until I started learning how to code.
    Once I learned about "include" or "import" I understood DLL's

    • @kidus_tv
      @kidus_tv Год назад +2

      OMG same bro, I used to find them fascinating when I was learning C++, until I learned they were just libraries 😂

  • @cosmicspacething3474
    @cosmicspacething3474 Год назад +16

    Someone treated April fools not as a holiday, but as a contest. And they won.

  • @mattigi
    @mattigi Год назад +3

    who knew North Korea had enough electricity to power a computer.

  • @BasmatiRice96
    @BasmatiRice96 Год назад +34

    north korea doesnt hack other countries, they earn money in honorable ways! :) (Kim is behind me, help)

  • @culturebreath369
    @culturebreath369 Год назад +62

    Always know you're in for a treat when the intro is his evil laugh. 😂❤

  • @TheOrangeBottleCap
    @TheOrangeBottleCap Год назад +33

    Honestly glad at this point that Bethesda game modding is so torturous cuz it's taught me how to understand tech speak a little more, then adding running local servers to play multiplayer games solo and watching muta just makes that knowledge even greater cuz now I can actually understand what he's saying without needing to Google definitions

    • @TheOrangeBottleCap
      @TheOrangeBottleCap Год назад +1

      @@codingsafari no you don't, learning how to mod Bethesda games alone was painful and took years to figure out how to press a few buttons while staring at a white screen cuz it doesn't have dark mode and having to boot the game and wait till it crashes and hope that whilst turning on and off mods that the crashing "might" stop (fallout 4 never not crashes and yet remains playable still, I just have to wait till it stops crashing so I can hit load game and then hope it doesn't crash while loading)
      And then those local servers, literally all of them are built differently so you have to learn different ways to set them up just to not have to play with other people only to get bored of the game around the time you'd restart your progress or lose a lot of progress in order to start over and effectively abandon what you made
      Just typing that gave me a stress induced headache which is also sleep deprivation induced

  • @M0rshu64
    @M0rshu64 Год назад +20

    Mutahar's sinister chuckle in the beginning makes me think he's the one wjo thwarted Kim Jong Un's hacking escapades.

  • @Nobody_Fn_Important
    @Nobody_Fn_Important Год назад +22

    I love your videos, sometimes you warn us about dire threats and like tonight you remind us that sometimes the dire threats are just as threatening to themselves.

  • @Wrath003
    @Wrath003 Год назад +58

    Love watching you on my break. Keep up the good work!

    • @TheWunder
      @TheWunder Год назад

      I love him more.

    • @raybob8668
      @raybob8668 Год назад +1

      What’s your job?

    • @heyjeySigma
      @heyjeySigma Год назад +2

      @@raybob8668 He is simply "the break man"

    • @Wrath003
      @Wrath003 Год назад +6

      @@raybob8668 I'm a kitchen manager for a japanese ramen shop. Whenever I prep or on break I like to watch muta or have him in the background.

    • @raybob8668
      @raybob8668 Год назад +2

      Ah cool, I work as a waiter and listen to Muta on break too.

  • @robbay8610
    @robbay8610 Год назад +13

    America: This inflation is gonna kill us.
    Korean hackers: We got you and your crypto

  • @andrewvirtue5048
    @andrewvirtue5048 Год назад +16

    Isn't the only people in North Korea capable of hacking having to be in their military / government?

    • @javierpatag3609
      @javierpatag3609 Год назад +1

      EXACTLY.

    • @ferretyluv
      @ferretyluv Год назад

      Yes.

    • @reeyees50
      @reeyees50 Год назад

      No

    • @ferretyluv
      @ferretyluv Год назад

      @@reeyees50 Only elite party members have access to the World Wide Web. The rest of the country has access to the intranet.

  • @sxnlarxi8235
    @sxnlarxi8235 Год назад +16

    you know it's a good video when muta laughs in the beginning

  • @thomaskok5773
    @thomaskok5773 Год назад +10

    Is it normal whenever Mutha laughs maniacally, I will follow along unintentionally ??

    • @GreasyOaf
      @GreasyOaf Год назад

      You're so quirky and unique

  • @abyss9316
    @abyss9316 Год назад +24

    I think that's just what North Korea does in general

    • @javierpatag3609
      @javierpatag3609 Год назад

      That’s how they get their money now given how isolated and sanctioned they are.
      I mean, what else do they do? They even make meth and order their diplomats to sell it. That is NOT a joke. They really do.

  • @trashboatex
    @trashboatex Год назад +5

    You know its a banger video when Muta speaks another language at the beginning of the video

  • @levisallade1976
    @levisallade1976 Год назад +28

    A couple schools and even a hospital got hit with some Ransomware last week here in West Virginia. I was thinking that would likely be that an Internet provider got hit, and all the server stacks at the particular location would then get infected. Mutah, if you're reading this, does that make sense, or am I off base?

    • @Slavolko
      @Slavolko Год назад +5

      The schools and hospital were probably infected separated, not through their ISP.

  • @chanceneck8072
    @chanceneck8072 Год назад +45

    It's always astounding to me how much power hackers and programmers really have.

  • @Lunacy4
    @Lunacy4 Год назад +25

    Now this is a certified hashbrown moment

  • @BTOptimizer
    @BTOptimizer Год назад +2

    My humor is so random that Muta dropping a controller was enough to get a laugh out of me, not the fail from the hackers, but the fucking controller 🤣

  • @basil9973
    @basil9973 Год назад +15

    that evil ass laugh is how you know its going to be a good video

  • @EEFLmao
    @EEFLmao Год назад +4

    When Muta's controller fell to the ground I thought that was a Rick Roll

  • @samuelhaidar2580
    @samuelhaidar2580 Год назад +5

    Your awesome dude thanks for putting in the work to keep us updated on this kinda stuff. And your honestly more objective than the news.

  • @flip_xd
    @flip_xd Год назад +5

    You give me hope I can learn about coding and how a lot of this stuff works.

  • @ladiddas
    @ladiddas Год назад +11

    This is kind of hilarious, I was just reading up on supply chain attacks from the CompTIA Sec+ book, hopefully getting certified soon!

  • @UltraSwift
    @UltraSwift Год назад +5

    For those who want to hear more about North Koreas hacks, I suggest the podcast by the BBC called The Lazarus Heist

  • @gearfm1
    @gearfm1 Год назад +4

    Hey Muta! Right on schedule :)
    I'm watching your videos everyday right before going to sleep. Love your videos!

  • @guitarzero1836
    @guitarzero1836 Год назад +4

    You know it’s gonna be a good vid when muta laughs like that

  • @felixweetbix
    @felixweetbix Год назад +6

    I'm pretty sure one of those web browsers you listed is actually a movie about a young Scottish girl that turns her mother into a bear. I may be wrong.

  • @yungjiggamayne2262
    @yungjiggamayne2262 Год назад +12

    Muta keep speaking other languages please, your smile contagious af. If the government forced ya to learn French like the rest of us you should flex the trilingual status

  • @javierrosado611
    @javierrosado611 Год назад +4

    Crazy how this video was uploaded on my birthday

  • @DawnOfTheOzz
    @DawnOfTheOzz Год назад +1

    If I may bring up the Archer quote for the umpteenth time: "Relax, it's North Korea. The nation state equivalent of the short bus."

  • @chanceneck8072
    @chanceneck8072 Год назад +4

    I wish we could just all live peacefully with each other on Earth.....

  • @thisislilraskal
    @thisislilraskal Год назад +2

    I like the wide range of topics you cover on the channel. always interesting and u usually learn something. cheers bro

  • @jimmynoo
    @jimmynoo Год назад +3

    Never thought I'd see some cyber security talk here. Nice

  • @hammondr191887
    @hammondr191887 Год назад +1

    I work in commercial millwork and this year alone we have had 3 of our large distributors get hacked

  • @Trigger1721
    @Trigger1721 Год назад +4

    Honestly, even with false positives, I prefer not to risk it and just delete things entirely if Microsoft or my other security scan picks it up.

    • @Unclean666
      @Unclean666 Год назад

      I'm old and I remember the day McAfee murdered everyone's Office applications. Normally I'm all for that, but when our EMR ran Access as a front end (yay legacy crap!) it made for a fun day.
      However F the dude who plugged in his laptop with a manual IP matching our DC. He was my bosses bosses boss. We contemplated beating his ass, no cameras in the IT dungeon 😁

  • @Himmelschenk
    @Himmelschenk Год назад +2

    Dude I saw the photo you posted on your twitter the other day... lets just say I totally dont have that bookmarked

  • @AlexanderKuznetsovAKASergei
    @AlexanderKuznetsovAKASergei Год назад +3

    I'm surprised and amused the North Korean hackers bothered to design their own logo.

  • @pauljackways1473
    @pauljackways1473 Год назад +2

    When the controller dropped I thought I was getting rickrolled

  • @thephilosopher7173
    @thephilosopher7173 Год назад +3

    Honestly I can see why these videos get repetitive, but I'm ngl I still like hearing about news like this.

  • @DexLuther
    @DexLuther Год назад +1

    How does North Korea even have access to the internet? That's probably something I'd look into stopping or blocking long ago. As soon as that's done, I'd look into building some kind of giant dome that can be flown over and dropped over the country and slowly pump sleeping gas inside.

  • @ytnathandude
    @ytnathandude Год назад +4

    anytime muta starts his vid laughing his ass off you know the vid is gonna be good

  • @Lvna1
    @Lvna1 Год назад +48

    Still not over you not putting the emerald in the crown in re4. Lost like 30,000 pesatas 😢

  • @Franck_Major_X
    @Franck_Major_X Год назад

    Oh well, that explains the very aggressive ETH phishing emails I have been receiving lately. Well, until 2 weeks ago.
    I blocked them and reported them to silence the emails since it was annoying.

  • @void_box
    @void_box Год назад +4

    "North Korea just failed really hard."
    "Every 60 seconds in Africa, a minute passes."

  • @Yezpahr
    @Yezpahr Год назад +1

    8:45 I like how Western-Sahara in particular is even marked as being excluded from the cyberwar. A quirky detail.

  • @dudynator1
    @dudynator1 Год назад +9

    Impressive how you can convey such topics in a way average people like me can understand with some good laughs 😃

  • @XXMatt0040XX
    @XXMatt0040XX Год назад +4

    It's good to spread information that North Korea is capable of something like this. As silly as it is I've never considered cyber attacks from them because all I hear about is nuclear weapons

  • @johnsuarez1404
    @johnsuarez1404 Год назад +2

    I love it when mutahar starts his intros in Hindi. Something about it is just really funny to me

  • @charliekelly735
    @charliekelly735 Год назад +6

    This is all fun and games until you realize that some North Korean hackers are getting executed

  • @mk-tu3gv
    @mk-tu3gv Год назад +1

    Oh man I wished this to be the "north korean smartphone" video you promised us Muta

  • @ricenoodles632
    @ricenoodles632 Год назад +4

    Why did I think he was speaking Korean at the 0:03 mark

  • @J_Clean_1996
    @J_Clean_1996 Год назад +1

    I really hope that I'm not on the receiving end of that laugh someday...
    It's BRU-TAL.

  • @bigbaffo9441
    @bigbaffo9441 Год назад +5

    Everytime when muta laughs, then you know somethings spicy is cooking.

  • @HailAzathoth
    @HailAzathoth Год назад +8

    Remember bois, all of Korea would currently be united under a democratic government if it weren't for china. Don't forget about that.

  • @porkyV2
    @porkyV2 Год назад

    ok, you're the 3rd channel i had to re-subscribe to this week. damn..

  • @Travsticles88
    @Travsticles88 Год назад +4

    Thank god for muta and the crater bags in his eyes and sleepless nights to bring us these informative videos
    What would we do without him

  • @basurerodej8501
    @basurerodej8501 Год назад +1

    1:34
    The drop sounded like a rickroll

  • @Gigachad094
    @Gigachad094 Год назад +2

    Love your videos bro ❤

  • @AZREDFERN
    @AZREDFERN Год назад +1

    It would be a real shame if we dropped a few bombs on their few data centers.

  • @acole5975
    @acole5975 Год назад +6

    As much as I am happy to see the north Korean hackers fail on a big scale I also feel sorry for them. Those hackers are about to end up in a multi generational prison camp.

  • @vitaleriof
    @vitaleriof Год назад +2

    The fact that update was dropped on april 1st makes it a lot funnier that it should have been

  • @bfbros3737
    @bfbros3737 Год назад +6

    I hate to say it but first
    Edit: Thank God, North Korea is finally screwing up

    • @henvdemon
      @henvdemon Год назад

      be funny if NK is actually playing the distraction to keep eyes off China and russia for the time being.

    • @bfbros3737
      @bfbros3737 Год назад

      @Muh Election was stolen I mean publicly

  • @Artsho95
    @Artsho95 Год назад

    8:49
    "We live in a FUCKED up world"
    This took me out lol

  • @kaiishkaiish
    @kaiishkaiish Год назад +7

    North Korea can’t stop taking L’s lol

    • @JunkBondTrader
      @JunkBondTrader Год назад

      lol... That's what you seem to think. North Korea is exactly how it wants to be.

    • @ne0nmancer
      @ne0nmancer Год назад

      @@JunkBondTrader If North Korea was any good, they wouldn't have hackers stealing shitcoins so they can afford to import food from China.

  • @Stoiss
    @Stoiss Год назад

    I was so sure we we're going to get Rick Rolled when he dropped that controller at 1:35 - Just listen to the sound it made... 😅😅😂😂

  • @-LFX-
    @-LFX- Год назад +4

    Mutahar reminds of an old tech support scammer who wanted to get a proper job and life but decided to pick youtube

  • @original4046
    @original4046 Год назад +2

    They've been so quiet lately I forgot they existed

    • @JunkBondTrader
      @JunkBondTrader Год назад

      exactly what they want. They dont care about the outside world. Everything they do is designed to oppress their people and empower their regime. They want the world to leave them alone, and forget about them/

  • @northstar6920
    @northstar6920 Год назад +5

    To fail, you have to be able to succeed at something in the first place...

    • @JunkBondTrader
      @JunkBondTrader Год назад

      what do you think North Korea's goal is? They aren't trying to achieve what other countries are. They are this way on purpose. They are all about having their population under their thumb, and retaining complete power over their people as a regime. They are remarkably successful in that regard. They aren't trying to take over the world, they don't really care about the outside world as much as it would seem. Everything they do is meant to fool and deceive their population, and retain power in their regime. They don't want to nuke anyone, or invade countries, or have a happy, thriving population, or whatever you think their goals are. They want to be left alone.

    • @gokrtkd816
      @gokrtkd816 Год назад

      @Chill X eat glass

  • @guts2048
    @guts2048 Год назад +1

    I always find it funny when something controversial happens on 1st April
    For example when Sony removed other os from the ps3

  • @Railfan_Reed
    @Railfan_Reed Год назад +3

    L North Korea

  • @jgueroz71
    @jgueroz71 Год назад +2

    Just remember, mutahar would never unalive himself

  • @donluv-du7kh
    @donluv-du7kh Год назад +4

    Really shocked at your characterization of Tornado cash, especially as you've usually come off to me as a privacy advocate. As opposed to other mixers, its innovation was providing a way to prove the source of the funds if you choose, i.e. specifically designed for people who have legitimate reasons to want anonymity, but still have the capability to prove origins of income to the tax man (or whoever else). Criminals use the dark web, but so do journalists living under oppressive regimes.
    Although there is admittedly plenty money laundering in the crypto space, the last reports I saw from Chainalysis put it as proportionally lower to the traditional finance space, even with the KYC and AML processes used in tradfi (traditional finance). Similarly their analysis of Tornado cash put the proportion of illicit funds using the service before the OFAC ban at 30%. You might think that sounds high, but think of the fact that it's only 30% of all the money going through tornado cash seems to be malicious, i.e. 70% are people with just plain old legitimate reasons for wanting privacy from the general public. If those people exit that cash via any fiat off-ramp, they're still gonna have to explain the source of those funds to the tax man. That's not bad when you think of Tornado Cash as a concentration of all the people who care a lot about privacy, which necessarily includes in the set all sophisticated bad actors. So, of the set of all crypto people who care deeply about personal financial privacy, a minority are bad actors.
    Regarding the OFAC ban of Tornado cash, a new replacement protocol is currently in testing. One of the original devs, Ameen Solemani, has an updated version called Privacy Pools which allows you to create a proof at withdrawal time which provably excludes certains deposit wallets from the set who could be your source of funds. Using that somebody could maintain their privacy, and still generate a proof for OFAC (while remaining anonymous) that their wallet wasn't funded by one of the wallets which did xyz hack associated with North Korea or some such. i.e. there are ways we can have our financial privacy and be against criminals at the same time. Oh, and the reason the website is still up, it's hosted on IPFS, so to remain available all that is needed is for at least 1 IPFS gateway to keep its content ID pinned, and obviously the real meat is the smart contracts which are on chain and immutable.
    FYI, Ameen Solemani has worked on a bunch of great public goods products. He was one of the people behind spank chain, which was specifically trying to create a payment network and financial services for sex workers (cam girls and such), because even in countries where those services are legal they were having trouble being banked. Largely due to operation choke point 1.0 in which the Obama administration leaned on banks to stop providing services to legal businesses which the administration considered 'dodgy'. i.e. effectively making something illegal while not having to put it on the books. The administration was actually being sued for that before the administration changed and so the operation (and court case) fizzled out.

    • @ctznx0
      @ctznx0 Год назад +1

      I had to ctrl-f tornado, and unfortunately this is the only good comment regarding this matter.

    • @ferretyluv
      @ferretyluv Год назад

      In other words, journalists are laundering money too.
      I used to be in the North Korea watching community. The Hankyoreh, a news platform made by and for North Korean refugees, doesn’t use bitcoin. LiNK (Liberty in North Korea) don’t use Bitcoin. They just use cash. These oppressive regimes don’t allow journalists access to the internet to get bitcoin. They also can’t exactly spend bitcoin or exchange it for cash to buy stuff like food, so it’s useless to them. The only country that allows that is El Salvador and they’re not having a good time of it. Bitcoin is so deflated that it’s not a practical currency to buy goods on the open market. It’s become an asset, like gold or bearer bonds. Journalists don’t need that. If you want to help journalists in repressive regimes, you can donate to Reporters Without Borders.

  • @kadirrangwala
    @kadirrangwala Год назад

    Thank you for covering this !

  • @OverAndOverAndOver
    @OverAndOverAndOver Год назад +3

    Common Kim L

  • @sniperyuni
    @sniperyuni Год назад

    remember when the news of the 3cx attack first hit, the fun of having to purge the software from almost 200 machines -_-

  • @cat__person
    @cat__person Год назад +3

    cool

  • @smokinwoodz
    @smokinwoodz Год назад +2

    finally they're about to catch the infamous north korean hacker LMFAO and his brother LMBFAO

  • @clockworktime7195
    @clockworktime7195 Год назад +3

    Early gang

  • @JoshCaelum
    @JoshCaelum Год назад

    I get so excited when a new cybersecurity video is released from Muta.

  • @Sketchisgay
    @Sketchisgay Год назад +3

    Might as well be first 😊

  • @monmoi90
    @monmoi90 Год назад

    when the controller dropped i believed for a second that the rick roll was starting out of nowhere

  • @Nik-lf4rw
    @Nik-lf4rw Год назад +1

    love you muta stay well thanks for the informative videos :)