About the Author
Min Chao Choy
Min Chao Choy is a data journalist for NK News and NK Pro. Choy specializes in news and analysis relating to DPRK shipping and aviation movements, sanctions, and cyber-security.
A company registered in the British Virgin Islands, Yang Ban Corporation, pleaded guilty to charges including conspiracy to launder money for North Korean clients and front companies, according to the U.S. Department of Justice.
It’s the latest development in a series of law enforcement actions against the DPRK meant to enact a chilling effect on sanctions violators, and it follows a recent spate of U.S. moves against North Korea-linked cybercrime as well.