The U.S. Justice Department charged two Chinese nationals with laundering more t...
SEOUL - The U.S. Justice Department charged two Chinese nationals with laundering more than $100 million in cryptocurrency on behalf of North Korea, in court filings that detail Pyongyang’s use of hackers to circumvent sanctions.
“These defendants allegedly laundered over a hundred million dollars worth of stolen cryptocurrency to obscure transactions for the benefit of actors based in North Korea,” Assistant Attorney General Brian Benczkowski said in a statement. At least some of those funds were eventually used to help pay for the infrastructure in North Korea used to launch cyberattacks, according to the documents.
The United Nations Security Council has imposed sanctions on North Korea since 2006 in a bid to choke off funding for Pyongyang’s nuclear and ballistic missile programs.
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