Two Chinese nationals charged with operating unlicensed money transmitting business and money laundering conspiracy. Chinese nationals Tian Yinyin and Li Jiadong allegedly laundered over $100 million worth of cryptocurrency out of the nearly $250 million stolen by North Korean actors known as Lazarus Group after hacking a cryptocurrency exchange in 2018. North Korean hackers are also tied to the theft of another roughly $48.5 million of cryptocurrency from a South Korea-based exchange in November 2019. DoJ and OPAC haven’t named the two hacked crypto exchanges, but the two press releases hint at potential connections to Lazarus Group campaigns detected and reported by Kaspersky in 2018 and 2020.
Source: https://www.bleepingcomputer.com/news/security/us-charges-two-with-laundering-100m-for-north-korean-hackers/