According to Mars Finance, Chainalysis stated that the U.S. Treasury Department's OFAC has designated several individuals and entities related to North Korea, involving the proceeds of money laundering network crimes and IT outsourcing funds; the list includes Korea Mangyongdae Computer Technology Corporation and 54 Digital Money addresses associated with Cheil Credit Bank (which was sanctioned in September 2017). This designation is consistent with last month's U.S. Treasury Department MSMT report conclusions on North Korean cyber operations, and it released prevention recommendations and key points.
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The U.S. Treasury Department sanctions a money laundering network related to North Korea, involving 54 digital money addresses.
According to Mars Finance, Chainalysis stated that the U.S. Treasury Department's OFAC has designated several individuals and entities related to North Korea, involving the proceeds of money laundering network crimes and IT outsourcing funds; the list includes Korea Mangyongdae Computer Technology Corporation and 54 Digital Money addresses associated with Cheil Credit Bank (which was sanctioned in September 2017). This designation is consistent with last month's U.S. Treasury Department MSMT report conclusions on North Korean cyber operations, and it released prevention recommendations and key points.