North Korean cybercriminals have pilfered more than $3 billion, mostly in cryptocurrency, over the past three years, the Treasury estimated.
The United States on Nov. 4 imposed sanctions on individuals and entities accused of assisting North Korea in laundering money generated from cyberespionage and illicit activities.
The Treasury said the measures aim to cut off financial resources that support Pyongyang’s nuclear programs because the communist regime in Pyongyang relies on such illicit activities to fund its ballistic missile and weapons of mass destruction programs.
