US senators pressure Biden to crack down on North Korean cryptocurrency theft



News US senators pressure Biden to crack down on North Korean cryptocurrency theft Democratic lawmakers warn DPRK using billions in stolen crypto to fund weapons, calling for White House to detail plans Anton Sokolin August 7, 2023 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON An illustration of a laptop in front of a U.S. flag \| Image: NK News U.S. lawmakers are pressuring President Joe Biden to take a more decisive stance on North Korean cyberthreats, seeking to cut off funding for the regime’s weapons programs. In a letter released last week, Democratic senators Elizabeth Warren, Tim Kaine and Chris Van Hollen called on the Biden administration to “address North Korea’s reliance on cryptocurrency to evade sanctions” and detail its current and future plans to stop DPRK cybercriminals. U.S. lawmakers are pressuring President Joe Biden to take a more decisive stance on North Korean cyberthreats, seeking to cut off funding for the regime’s weapons programs. In a letter released last week, Democratic senators Elizabeth Warren, Tim Kaine and Chris Van Hollen called on the Biden administration to “address North Korea’s reliance on cryptocurrency to evade sanctions” and detail its current and future plans to stop DPRK cybercriminals. 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 senators pressure Biden to crack down on North Korean cryptocurrency theft

Democratic lawmakers warn DPRK using billions in stolen crypto to fund weapons, calling for White House to detail plans

Anton Sokolin August 7, 2023

US senators pressure Biden to crack down on North Korean cryptocurrency theft

An illustration of a laptop in front of a U.S. flag | Image: NK News

U.S. lawmakers are pressuring President Joe Biden to take a more decisive stance on North Korean cyberthreats, seeking to cut off funding for the regime’s weapons programs.

In a letter released last week, Democratic senators Elizabeth Warren, Tim Kaine and Chris Van Hollen called on the Biden administration to “address North Korea’s reliance on cryptocurrency to evade sanctions” and detail its current and future plans to stop DPRK cybercriminals.

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