Today, in a whole-of-government effort, the United States is taking actions against two of the three co-founders of the sanctioned virtual currency mixer Tornado Cash for their roles facilitating the laundering of cryptocurrency stolen by the Democratic People’s Republic of Korea (DPRK).
Pyongyang’s aggressive cyber theft campaign plays a key role in generating funds for the DPRK’s unlawful weapons of mass destruction and ballistic missile programs. Today’s actions demonstrate the United States’ commitment to protecting the integrity of our financial system, including the virtual currency ecosystem, and to disrupting the ability of the DPRK to raise funds through illicit activity.
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