U.S. Treasury Targets North Korean Money Laundering Network Involving Digital Assets

Dec 17, 2024

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two individuals and one entity linked to a money laundering network funneling millions of dollars in illicit funds to the North Korean regime. The network, based in the United Arab Emirates… U.S. Treasury Targets North Korean Money Laundering Network Involving Digital Assets