U.S. Sanctions 3 North Koreans for Supporting Hacking Group Known for Crypto Thefts
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CommissionerU.S. Commodity Futures Trading Commission
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Nikhilesh De is CoinDesk’s managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.
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Jesse Hamilton is CoinDesk’s deputy managing editor for global policy and regulation. He doesn’t hold any crypto.
Featured SpeakerChristy Goldsmith Romero
CommissionerU.S. Commodity Futures Trading Commission
Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more.
The U.S. Treasury Department’s sanctions watchdog banned three North Korean individuals for supporting the Lazarus Group, a North Korean hacking team known for crypto thefts.
Two of the sanctioned individuals, Cheng Hung Man and Wu Huihui, were OTC traders who facilitated crypto transactions for Lazarus, Treasury said, while a third person, Sim Hyon Sop, provided other financial support.
This is a developing story.
UPDATE (April 24, 2023, 14:40 UTC): Adds names and allegations.
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Nikhilesh De is CoinDesk’s managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.
Jesse Hamilton is CoinDesk’s deputy managing editor for global policy and regulation. He doesn’t hold any crypto.
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Nikhilesh De is CoinDesk’s managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.
Jesse Hamilton is CoinDesk’s deputy managing editor for global policy and regulation. He doesn’t hold any crypto.
