Deel dit artikel
U.S. Sanctions 3 North Koreans for Supporting Hacking Group Known for Crypto Thefts
The three were engaged in crypto activities themselves, and the U.S. Treasury Department says they were tied to the networks of DPRK entities laundering stolen crypto or moving illicit funds for that country.
Door Nikhilesh De, Jesse Hamilton
The U.S. Treasury Department's sanctions watchdog banned three North Korean individuals for supporting the Lazarus Group, a North Korean hacking team known for crypto thefts that U.S. authorities say have been used to support the nation's weapons program.
Two of the sanctioned individuals, Cheng Hung Man and Wu Huihui, were over-the-counter (OTC) traders who facilitated crypto transactions for Lazarus, the agency said, while a third person, Sim Hyon Sop, provided other financial support. The Treasury investigation identified several bitcoin addresses associated with Wu, while tying an ether, arbitrum and Binance chain address to Sim.
STORY CONTINUES BELOW
βThe DPRK continues to exploit virtual currency and extensive illicit facilitation networks to access the international financial system and generate revenue for the regime,β said Brian Nelson, the department's undersecretary for terrorism and financial intelligence, in a statement, referring to the official name of North Korea.
The Lazarus Group has been accused of mounting a multibillion-dollar campaign against the crypto world, the proceeds of which are said to fund North Korea's weapons program. The Treasury says the hacker group is controlled by North Korea's intelligence organization, the Reconnaissance General Bureau, and it was behind the largest-ever crypto heist when it stole $625 million in digital assets from the Ronin network tied to the Axie Infinity game.
The U.S. Department of Justice later charged Sim with conspiracy for his work with the OTC traders.
UPDATE (April 24, 2023, 14:40 UTC): Adds names and allegations.
UPDATE (April 24, 2023, 15:00 UTC): Adds comments from a Treasury Department official.
UPDATE (April 24, 2023, 15:28 UTC): Adds detail on digital asset addresses.
UPDATE (April 24, 2023, 17:45 UTC): Adds DOJ charge.
Mais para vocΓͺ
O que saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Mais para vocΓͺ
U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down
The White House has shut down proposals, and lawmakers are circulating the Democrats' asks in what had been a close negotiation, revealing 11th-hour pressure.
O que saber:
- Democrats shared a response to Republicans outlining their continuing priorities for a crypto market structure bill, which they said was intended to "reach an agreement and proceed towards a mark-up."
- The document laid out concerns with financial stability, market integrity and public officials' ability to trade and profit off of crypto, echoing concerns laid out in a framework Democrats shared in September.
- The Senate is running out of time in the Congressional calendar to hold a markup hearing β a key step toward progressing the bill β before 2025 ends.
Top Stories
