The US justice department has charged two Chinese nationals with laundering more than $100m worth of virtual currency connected to a North Korean hacking operation.
The indictment is the first of its kind in the US government’s fight to stop Kim Jong Un from raising billions of dollars through cyber attacks that have been used to fund North Korea’s weapons programmes.
Justice department documents released late on Monday said North Korean co-conspirators stole about $250m in 2018 by hacking a cryptocurrency exchange. Those funds were then laundered via hundreds of transactions meant to disguise the origins of the virtual currencies.
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