US Sanctions North Korea's Crypto Laundering Ring
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
U.S. Treasury imposes sanctions on North Koreas crypto laundering scheme, involving six individuals and two companies. The operation, which funneled $800 million, utilized crypto tools like exchanges, decentralized finance platforms, and bridges across chains. The scheme targeted American businesses and involved a Vietnamese CEO converting $2.5 million into crypto for North Korea.
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