by: xpoolPosted on:

U.S. Treasury Targets North Korea’s Crypto Laundering Network

The U.S. Department of the Treasury expanded sanctions against entities linked to North Korean cybercrime and illicit IT work schemes, targeting a network accused of laundering funds for Pyongyang’s weapons programs. The Office of Foreign Assets Control (OFAC) designated eight individuals and two entities involved in crypto and fiat money movement that fund the regime’s activities.

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