Law360 (April 20, 2021, 5:54 PM EDT) — On Feb. 17, the U.S. Department of Justice unsealed charges against three North Koreans, Jon Chang Hyok, Park Jin Hyok and Kim Il, accused of conspiring to steal and extort more than $1.3 billion in cash and cryptocurrency from banks and businesses.
These “operatives, using keyboards rather than guns, stealing digital wallets of cryptocurrency instead of sacks of cash, have become the world’s leading bank robbers,” U.S. Assistant Attorney General for National Security John C. Demers said.[1]
The charges highlight the extent to which cash-starved territories targeted by sanctions — and whose economic woes have been exacerbated by the COVID-19 pandemic —…
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