Golden Finance reported that the U.S. Department of the Treasury stated on Tuesday that it has taken action to shut down a North Korean cryptocurrency money laundering network that laundered millions of dollars for a major participant in North Korea's global crypto crime. According to a press release from the U.S. Treasury's Office of Foreign Assets Control (OFAC), a shell company based in the UAE named Green Alpine Trading, LLC was found to be converting cryptocurrency into cash to fund North Korea. The U.S. government's sanctions office has blacklisted this company.