US IMPOSES SANCTIONS ON NORTH KOREA'S CRYPTO LAUNDERING NETWORK

Summary from the TLDR Crypto newsletter

The U.S. Treasury Department has sanctioned two Chinese nationals and a UAE-based front company, Green Alpine Trading, for laundering crypto on behalf of North Korea. North Korea reportedly earns ~50% of its foreign currency through such activities, which include money laundering, fraudulent IT work, and crypto thefts.