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The U.S. Treasury Department has sanctioned a money laundering network linked to North Korea, involving 54 cryptocurrency addresses. - CoinFeed
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The U.S. Treasury Department has sanctioned a money laundering network linked to North Korea, involving 54 cryptocurrency addresses.

November 5, 2025
CoinFeed News

According to Chainalysis, the U.S. Treasury Department’s OFAC has designated several North Korean-related individuals and entities for involvement in money laundering cybercrime proceeds and IT outsourcing funds. The list includes Korea Mangyongdae Computer Technology Corporation and 54 cryptocurrency addresses linked to Cheil Credit Bank, a North Korean bank that was sanctioned in September 2017.

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