The United States has dismantled an international money laundering network for North Korea through cryptocurrency: a company from the UAE and two Chinese citizens fell under sanctions 💸

The United States has dismantled a money laundering network for North Korea through cryptocurrency. At the center of the scheme was the UAE-based company Green Alpine Trading, which helped convert digital assets into cash. Sanctions were also imposed on two Chinese citizens — Lu Huaiyin and Zhang Jian, who cooperated with a North Korean agent. The network was used to finance North Korea's nuclear program, as confirmed by international investigations.