Overview
- Second Vice Foreign Minister Kim Ji-na said Seoul could revisit its sanctions policy if necessary and emphasized close coordination with Washington.
- The U.S. Treasury sanctioned eight individuals and two entities for laundering stolen digital assets, naming Korea Mangyongdae Computer Technology Company and Ryujong Credit Bank.
- Treasury identified facilitators including KMCTC president U Yong Su and bankers Jang Kuk Chol and Ho Jong Son, alleging the networks helped move funds tied to cyberattacks.
- North Korea denounced the U.S. actions as evidence of “wicked” hostility and warned it would take unspecified countermeasures.
- Analysts and industry observers say any South Korean follow-up could tighten compliance for crypto platforms and cross-border channels, with networks linked to China and Russia under scrutiny.