Trump administration punishes two Chinese nationals for North Korean cybercrimes



News Trump administration punishes two Chinese nationals for North Korean cybercrimes After DPRK hacked cryptocurrency exchanges, two Chinese nationals allegedly laundered $100 million for North Korea Jacob Fromer March 2, 2020 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON KCNA 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. 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. Become a member for less than $4 per week. Unlimited access to all of NK News: reporting, investigations, analysis The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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Trump administration punishes two Chinese nationals for North Korean cybercrimes

After DPRK hacked cryptocurrency exchanges, two Chinese nationals allegedly laundered $100 million for North Korea

Jacob Fromer March 2, 2020

Trump administration punishes two Chinese nationals for North Korean cybercrimes

KCNA

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.