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2 Chinese Nationals Indicted for Laundering Cryptocurrency

U.S. Treasury Department issues sanctions against two Chinese nationals for allegedly laundering $100 million in cryptocurrency stolen from exchanges by North Korean hackers in 2018. The two suspects, Tian Yinyin, and Li Jiadong, are each charged with money laundering conspiracy and operating an unlicensed money transmitting business. Tian and Li have connections to a North Korean-linked hacking group known as Lazarus, the Treasury Department says. The Lazarus Group has been linked to cyber incidents around the world, including the WannaCry ransomware attacks of 2017.”]

Source: https://www.inforisktoday.com/2-chinese-nationals-indicted-for-laundering-cryptocurrency-a-13859

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