US court orders forfeiture of 145 crypto accounts tied to North Korea cybercrime



News US court orders forfeiture of 145 crypto accounts tied to North Korea cybercrime Washington alleges two Chinese nationals used accounts to launder some $100M in virtual assets stolen by DPRK Anton Sokolin March 8, 2024 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON A North Korean man using a computer \| Image: NK News (Sept. 2015) A U.S. court has ordered the forfeiture of nearly 150 cryptocurrency accounts allegedly used by two Chinese nationals to launder some $100 million in stolen assets for North Korea, U.S. court documents show. Timothy Kelly, judge for the U.S. District Court for the District of Columbia, agreed to the forfeiture of the 145 accounts on Tuesday based on their suspected links to the scheme to launder part of the $329 million in digital assets that North Korean cybercriminals stole in 2018-2019. A U.S. court has ordered the forfeiture of nearly 150 cryptocurrency accounts allegedly used by two Chinese nationals to launder some $100 million in stolen assets for North Korea, U.S. court documents show. Timothy Kelly, judge for the U.S. District Court for the District of Columbia, agreed to the forfeiture of the 145 accounts on Tuesday based on their suspected links to the scheme to launder part of the $329 million in digital assets that North Korean cybercriminals stole in 2018-2019. 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 court orders forfeiture of 145 crypto accounts tied to North Korea cybercrime

Washington alleges two Chinese nationals used accounts to launder some $100M in virtual assets stolen by DPRK

Anton Sokolin March 8, 2024

US court orders forfeiture of 145 crypto accounts tied to North Korea cybercrime

A North Korean man using a computer | Image: NK News (Sept. 2015)

A U.S. court has ordered the forfeiture of nearly 150 cryptocurrency accounts allegedly used by two Chinese nationals to launder some $100 million in stolen assets for North Korea, U.S. court documents show.

Timothy Kelly, judge for the U.S. District Court for the District of Columbia, agreed to the forfeiture of the 145 accounts on Tuesday based on their suspected links to the scheme to launder part of the $329 million in digital assets that North Korean cybercriminals stole in 2018-2019.

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US court orders forfeiture of 145 crypto accounts tied to North Korea cybercrime

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