Laundering of stolen funds from virtual currency exchange hacks via OTC traders

Date (as written): 2023-04-24
Year: 2023
Actors (as written): Sim Hyon Sop; Wu Huihui; Cheng Hung Man; "Jammy Chen"
Actor pages: Sim Hyon Sop Wu Huihui Cheng Hung Man Jammy Chen
Tags (as written): crypto laundering

Source entries (1)

DOJ OPA press release: North Korean Foreign Trade Bank representative (Sim Hyon Sop) charged (2023-04-24)

Laundering of stolen funds from virtual currency exchange hacks via OTC traders · 2023-04-24

The first indictment involves a conspiracy between Sim and three OTC traders to launder stolen funds from virtual currency exchange hacks to make payments in U.S. dollars for goods on behalf of the North Korean government.

https://www.justice.gov/archives/opa/pr/north-korean-foreign-trade-bank-representative-charged-crypto-laundering-conspiracies

Suggest a correction on GitHub