Bleepingcomputer US Sanctions North Korean Entities for Cybercrime and Money Laundering
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The U.S. Treasury Department sanctioned two North Korean financial institutions and eight individuals for their involvement in laundering cryptocurrency linked to cybercrime and fraudulent IT worker schemes. The sanctions target Ryujong Credit Bank and Korea Mangyongdae Computer Technology Company, which are accused of facilitating money laundering activities that support North Korean government objectives.
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