North Korea slams US tech ‘hegemony’ after latest crypto-related sanctions | NK News
NK News Logo
November 06, 2024
News

North Korea slams US tech ‘hegemony’ after latest crypto-related sanctions

Pyongyang says Washington ginning up an ‘anti-DPRK racket’ after Treasury sanctions cryptocurrency mixer Blender

The U.S. is orchestrating an “anti-DPRK racket” by exaggerating the scale of the country’s cyber operations, North Korea's foreign ministry claimed after Washington sanctioned a cryptocurrency mixer that helped Pyongyang pilfer millions of dollars.

The remarks from a researcher at North Korea’s Ministry of Foreign Affairs (MFA) came after the U.S. imposed new sanctions on a virtual currency mixer called Blender on Friday, claiming that the platform “enabled DPRK malicious cyber actors to mix illicit virtual currency with anonymous virtual currency to facilitate money laundering.”

Try unlimited access
Only $1 for four weeks

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • Year-one discount if you continue past $1 trial period
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.