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U.S. Sanctions 10 North Korean Entities for Laundering $12.7M in Crypto and IT Fraud

U.S. Sanctions 10 North Korean Entities for Laundering .7M in Crypto and IT Fraud


The U.S. Treasury Department on Tuesday imposed sanctions against eight individuals and two entities within North Korea’s global financial network for laundering money for various illicit schemes, including cybercrime and information technology (IT) worker fraud.
“North Korean state-sponsored hackers steal and launder money to fund the regime’s nuclear weapons program,” said Under Secretary of

Source: thehackernews.com –

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