U.S. Hits North Korean Bankers with Sanctions Over Crypto Laundering

TLDR U.S. sanctions North Korean bankers for laundering cryptocurrency linked to cyberattacks and weapons funding. North Korean hackers stole over $2B in 2025, using crypto for cybercrime and military programs. Sanctions target Jang Kuk Chol and Ho Jong Son for laundering $5.3M tied to ransomware payments. Treasury highlights North Korea’s use of AI tools, malware, [...]

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