About the Author

Jacob Fromer
Jacob Fromer is NK News's Washington DC correspondent. He previously worked in the U.S. Senate.
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.