US Treasury press release sb0302 (November 4, 2025)
Funds managed for First Credit Bank linked to a DPRK ransomware actor and IT worker revenue · 2025-11-04
Jang Kuk Chol ( Jang ) and Ho Jong Son are North Korean bankers who have helped manage funds, including $5.3 million in cryptocurrency, on behalf of OFAC-designated First Credit Bank. A portion of these funds can be linked to a DPRK ransomware actor that has previously targeted U.S. victims and handled revenue from DPRK IT workers.