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Chaewon Chung
Chaewon Chung covers U.S., Chinese, and Japanese politics and national security in relation to North Korea. She previously worked at Coda Story covering disinformation and technology with a focus on the East Asia.
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News US bank fined $105k for violating North Korea sanctionsTD Bank processed over a thousand transactions for North Korean diplomats, apparently unaware it was illegal A U.S. bank has been fined over $100,000 for illegally processing more than a thousand payments from North Korea and opening accounts for North Korean nationals, according to the Treasury Department. TD Bank violated sanctions by processing 1,479 transactions worth about $383,000 from employees at the North Korean mission to the United Nations, and maintained nine accounts on behalf of five employees from the mission without a license, Treasury said in a statement released Thursday. © Korea Risk Group. All rights reserved. |