About the Author
Jacob Fromer
Jacob Fromer is NK News's Washington DC correspondent. He previously worked in the U.S. Senate.
Get behind the headlines
News Trump administration punishes two Chinese nationals for North Korean cybercrimesAfter DPRK hacked cryptocurrency exchanges, two Chinese nationals allegedly laundered $100 million for North Korea The Trump administration took multiple punitive actions against two Chinese nationals for helping North Korea launder more than $100 million in stolen cryptocurrency funds, the U.S. Justice and Treasury Departments announced on Monday. The actions -- federal criminal charges, a civil forfeiture filing to reclaim millions of stolen dollars, and new sanctions designations that blacklist the two Chinese nationals from the U.S. financial system -- come as Washington and Pyongyang remain locked in a months-long diplomatic stalemate that has shown no obvious signs of ending anytime soon. © Korea Risk Group. All rights reserved. |