US sanctions three people for aiding North Korea’s illicit finance, cybercrime



News US sanctions three people for aiding North Korea’s illicit finance, cybercrime Washington announces designations in coordination with Seoul in effort to cut off funding for DPRK’s nuclear weapons Shreyas Reddy April 25, 2023 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON People using computers at the Grand People's Study House in Pyongyang \| Image: NK News (Sept. 2015) The U.S. has sanctioned three individuals for providing support to North Korea’s efforts to generate money to fund its nuclear and missile development through illicit financing and cybercrime. The Office of Foreign Assets Control (OFAC) announced the move in coordination with South Korea after a court in Washington indicted the three designated individuals, the Treasury Department said in a press release Monday. The U.S. has sanctioned three individuals for providing support to North Korea’s efforts to generate money to fund its nuclear and missile development through illicit financing and cybercrime. The Office of Foreign Assets Control (OFAC) announced the move in coordination with South Korea after a court in Washington indicted the three designated individuals, the Treasury Department said in a press release Monday. 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. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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US sanctions three people for aiding North Korea’s illicit finance, cybercrime

Washington announces designations in coordination with Seoul in effort to cut off funding for DPRK’s nuclear weapons

Shreyas Reddy April 25, 2023

US sanctions three people for aiding North Korea’s illicit finance, cybercrime

People using computers at the Grand People's Study House in Pyongyang | Image: NK News (Sept. 2015)

The U.S. has sanctioned three individuals for providing support to North Korea’s efforts to generate money to fund its nuclear and missile development through illicit financing and cybercrime.

The Office of Foreign Assets Control (OFAC) announced the move in coordination with South Korea after a court in Washington indicted the three designated individuals, the Treasury Department said in a press release Monday.

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US sanctions three people for aiding North Korea’s illicit finance, cybercrime

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