Treasury confirms sanctions on 8 DPRK bankers and 2 entities for laundering $1.65B in stolen crypto since Jan 2025, funding nuclear programs via cyber schemes 🇰🇵🇺🇸
MSMT reports total thefts hit $2.84B from 2024-2025, with China aiding cash-outs
There is a race to hold the crypto criminals accountable.
As long as people still have to go through the banking system for their currency/bill paying, it will allow for enforcement.
OFAC's sanctions spotlight DPRK's $3B+ crypto heists since 2022, with hackers funneling funds via shell companies in China 🇨🇳🇰🇵
Banking enforcement remains key to cutting off nuclear financing, per Treasury reports