North Korea says antagonised by US sanctions, will respond
- On Nov 6, North Korea condemned the latest U.S. sanctions on cybercrime suspects, with Kim Un Chol denouncing the move as meant to antagonise, KCNA said Pyongyang will 'respond correspondingly.'
- The U.S. Treasury Department announced this week sanctions on eight individuals and two entities tied to laundering funds from DPRK schemes, labeling some as `state-sponsored hackers`.
- U.S. officials said Pyongyang's cybercriminals stole over US$3 billion in the past three years, mostly via cryptocurrency, and the measures follow President Donald Trump repeatedly calling for a meeting with Kim Jong Un last month.
- Pyongyang insisted sanctions would not change policy and would `only be recorded as a typical example symbolising the failure` of U.S. policy, while the vice foreign minister said the U.S. should realise its chances are less than zero.
- Recently, the new US administration imposed its fifth exclusive DPRK sanctions since taking office, while South Korea's spy agency said a summit could happen early next year despite past summit failures.
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25 Articles
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N Korea Vows Response on US Sanctions; Russian Military Delegation Visits Pyongyang
Get latest articles and stories on World at LatestLY. The US Treasury Department announced earlier this week that it had imposed sanctions on eight North Korean individuals and two entities for their role in laundering funds stolen through illicit cyber activities. The department said that the individuals were "state-sponsored hackers," whose illicit operations were conducted "to fund the regime's nuclear weapons programme." World News | N Korea…
North Korea Dismisses New US Sanctions Amid Nuclear Tensions
North Korea Dismisses New US Sanctions Amid Nuclear Tensions North Korea has criticized the latest sanctions imposed by the Trump administration targeting its cybercrime activities that allegedly fund its nuclear weapons program. The US Treasury claims that North Korea's state-sponsored hacking has amassed over $3 billion in illegal digital assets over the past three years.These sanctions target eight individuals and two firms, purportedly linke…
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