back to article DoJ, Treasury accuses 3 men of laundering crypto for North Korea

The US government is aggressively pursuing three men accused of wide-ranging and complex conspiracies of laundering stolen and illicit cryptocurrency that the North Korean regime used to finance its massive weapons programs. The Department of Justice (DoJ) this month indicted North Korean national Sim Hyon Sop, Wu HuiHui of …

  1. MachDiamond Silver badge

    Why is this news?

    This is exactly what crypto currencies are for. If you don't need to launder money and make purchases anonymously, you take a big risk buying into crypto currency.

    1. matjaggard

      Re: Why is this news?

      It's news because of the conversion to real currency, also because of the sheer quantities of money involved.

      I recommend listening to the podcast The Lazarus Heist.

      1. Tom Chiverton 1

        Re: Why is this news?

        Now in it's second season and easily the best thing BBC have out right now

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Other stories you might like