May 23, 2024
News

US court orders forfeiture of 145 crypto accounts tied to North Korea cybercrime

Washington alleges two Chinese nationals used accounts to launder some $100M in virtual assets stolen by DPRK

A U.S. court has ordered the forfeiture of nearly 150 cryptocurrency accounts allegedly used by two Chinese nationals to launder some $100 million in stolen assets for North Korea, U.S. court documents show.

Timothy Kelly, judge for the U.S. District Court for the District of Columbia, agreed to the forfeiture of the 145 accounts on Tuesday based on their suspected links to the scheme to launder part of the $329 million in digital assets that North Korean cybercriminals stole in 2018-2019.

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