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US sanctions North Korean bankers tied to $3bn crypto theft network
Yahoo Finance·2025-11-05 04:34

The US Treasury has sanctioned eight North Korean nationals and two companies accused of helping Pyongyang launder funds from crypto theft and fraudulent IT work to support its nuclear weapons programme. The Office of Foreign Assets Control, which is part of the Treasury, said in a statement today that the North Korean network — spanning China, Russia, and North Korea — involved state bankers, cybercriminals, and IT workers who helped move illicit revenue through international financial channels. North K ...