The US Treasury Department has shut down a network where North Korea laundered millions of dollars using cryptocurrency. 🌐
- A front company in the UAE called Green Alpine Trading, LLC was converting crypto into cash.
- The company and two Chinese nationals have been involved in the network since 2022.
- The UAE was part of the operation.
North Korea is one of the most aggressive states targeting the crypto industry. It is using cryptocurrencies to fund its nuclear program. 💰
Share your thoughts in the comments! What do you think about North Korea’s influence in the crypto world?