The U.S. governmentindicted two of the three co-founders of Tornado Cash, a cryptocurrency mixer that allegedly laundered over US$1 billion for hackers and fraudsters, including cybercriminals from the Lazarus Group, a North Korean state-sponsored organization.

American authorities blacklisted Wednesday three entities tied to a sanction evasion network that has facilitated arms deals between Russia and North Korea, arms that have been used in support of the Kremlin’s plans to conquer Ukraine.

South Korea’s Ministry of Foreign Affairs (MOFA)sanctioned Friday the North Korean state-sponsored cybercrime group “Kimsuky,” whose misdeeds include the theft of satellite technology for the benefit of the Kim Jong-Un regime.

American and South Korean authorities targeted on Monday multiple bureaus tied to North Korean cybercrime operations, which serve to illicitly generate revenue for Supreme Leader Kim Jong Un’s nuclear weapons program.

A U.S. court charged a China-based representative of North Korea's Foreign Trade Bank with two counts related to laundering illicit crypto proceeds for the benefit of the North Korean nuclear weapons and ballistic missile program, according to a statement by the U.S. Attorney's Office.

The U.S. Department of the Treasurysanctioned last week a Slovakian national for his attempts to facilitate arms deals between Russia and North Korea, as the Kremlin seeks to maintain its supply of weapons and munitions to its frontline troops in Ukraine.

The U.S. Department of the Treasury announced Wednesday that it had sanctioned three entities and two individuals for illicitly generating revenue in support of the North Korean government.

Hackers stole US$3.8 billion worth of cryptocurrency last year, surpassing the $3.3 billion record registered in 2021 despite a dramatic fall in the crypto market’s value, according to a newreport by blockchain analysis firm Chainanalysis. North Korean hackers stole most of it.

The U.S. hit Russia’s Wagner Group, a private military company that has been fighting the war in Ukraine, with new sanctions that are now also targeting several individuals and firms linked to what the Department of the Treasury said was a “transnational criminal organization.”

Financial Action Task Force (FATF) placed Myanmar on its blacklist for money laundering and terrorism financing alongside North Korea and Iran – the organizationannounced on Friday.

Criminals have laundered at least US$4 billion-worth of illicit crypto proceeds using cross-chain technologies since 2020, new research by blockchain analysis firm Elliptic reveals.

The U.S. seized over $30 million worth of cryptocurrency stolen from the online game Axie Infinity by North Korean-linked hackers, blockchain intelligence firm Chainalysissaid on Thursday.

The U.S. Department of Service doubled last week the $5 million reward it promised in March to anyone offering information on North Korea backed hackers targeting global crypto exchanges and financial institutions to support the state’s illicit activities.

U.S. authorities seized approximately half a million dollars worth of cryptocurrency from North Korean hackers that targeted healthcare providers, according to a Department of Justice announcement on Tuesday.

U.S. authorities have sanctioned a cryptocurrency ‘tumbler’ used by North Korea to launder stolen digital currency, the first such measures to be brought against a virtual currency mixer.

The man who laundered millions for cyber criminals around the world has been sentenced to 11 years behind bars, the U.S. Department of Justice announced Wednesday.

The United States has revealed that Nigerian social media influencer and purported fraudster Ramon “Hushpuppi” Abbas allegedly helped Pyongyang-backed hackers launder proceeds from an “unprecedented” global campaign of state-sanctioned cyberattacks.

An Indonesia-based global cigarette paper supplier agreed to pay nearly US$2.6 million in fines for conspiracy to commit bank fraud and violating U.S. sanctions on North Korea, according to official statements.

Prosecutors in the United States have indicted three people on charges of bank fraud and money laundering related to an alleged conspiracy to violate sanctions against North Korea.

Cybercrime is becoming more sophisticated and more dangerous, now targeting aerospace and military companies in Europe and the Middle East, according to Slovak internet security companyESET, which published its research report this month.