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RegulationSource: Crypto Economy ·

US Treasury Sanctions 10 Individuals Over North Korean Crypto Networks Linked to Weapons Funding

The Office of Foreign Assets Control (OFAC) sanctioned 10 individuals and the entity First Financial and Technical Development Center (FFTDC) on October 28, 2026. Financial facilitators managed cryptocurrency conversions worth approximately $2 million and independent transfers of $3.5 million for North Korean channels.

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