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UN Claims Hong Kong Based Blockchain Firm Is North Korean Laundering Firm
Summary: North Korea is being accused by the United Nations Security Council’s Sanctions Committee on North Korea of using a blockchain firm based in Hong Kong as a money laundering front. The committee has directed an investigation into the various strategies that North Korea utilized in an attempt to evade sanctions through cryptocurrencies and other means. ...
North Korea is being accused by the United Nations Security Council’s Sanctions Committee on North Korea of using a blockchain firm based in Hong Kong as a money laundering front.
The committee has directed an investigation into the various strategies that North Korea utilized in an attempt to evade sanctions through cryptocurrencies and other means. The committee alleges that “Marine China” was created by North Korean actors and Julian Kim. Kim has allegedly appointed a second unnamed head of the firm and tried to withdraw money from Singaporean banks multiple times.
By Ramsey Baker
Tags: Blockchain,Hong Kong,Money Laundering,North Korea
Link: UN Claims Hong Kong Based Blockchain Firm Is North Korean Laundering Firm [Copy]
