US sanctions target three in China linked to North Korean hackers

The Treasury Department is seen in Washington, Jan. 18, 2023. [VOA]

The United States on Monday announced sanctions on three people it said were involved in laundering virtual currency stolen by North Korean hackers to help finance Pyongyang's weapons programs.

A U.S. Treasury statement said the three were a China-based virtual currency trader, another currency trader based in Hong Kong, and a representative of North Korea's Korea Kwangson Banking Corp, who recently relocated to Dandong, China.