Australia sanctions alleged North Korean cybercrooks funding nukes


Joseph Brookes
Senior Reporter

Australia has imposed sanctions and travel bans on North Korean entities and an individual believed to be stealing cryptocurrency and running IT work scams to fund the authoritarian state’s nuclear weapons program.

Foreign minister Penny Wong announced the move on Thursday in partnership with the United States in a rare but growing use of sanctions on cybercriminals.

“The scale of North Korea’s involvement in malicious cyber-enabled activities, including cryptocurrency theft, …

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