About the Author
Jacob Fromer
Jacob Fromer is NK News's Washington DC correspondent. He previously worked in the U.S. Senate.
Get behind the headlines
|
News Trump administration punishes two Chinese nationals for North Korean cybercrimesAfter DPRK hacked cryptocurrency exchanges, two Chinese nationals allegedly laundered $100 million for North Korea
The Trump administration took multiple punitive actions against two Chinese nationals for helping North Korea launder more than $100 million in stolen cryptocurrency funds, the U.S. Justice and Treasury Departments announced on Monday. The actions — federal criminal charges, a civil forfeiture filing to reclaim millions of stolen dollars, and new sanctions designations that blacklist the two Chinese nationals from the U.S. financial system — come as Washington and Pyongyang remain locked in a months-long diplomatic stalemate that has shown no obvious signs of ending anytime soon. According to newly unsealed court documents, after North Korean hackers allegedly stole nearly © Korea Risk Group. All rights reserved. |