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Monday 2 March 2020

2 Chinese Charged with Laundering $100 Million for North Korean Hackers

Two Chinese nationals have been charged by the US Department of Justice (DoJ) and sanctioned by the US Treasury for allegedly laundering $100 million worth of virtual currency using prepaid Apple iTunes gift cards. According to a newly unsealed court document, the illicit funds originated from a $250 million haul stolen from two different unnamed cryptocurrency exchanges that were perpetrated

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