Financial Crime Financial Crime

North Korean bank representative indicted in US over cryptocurrency-linked money laundering conspiracies

Sim Hyon Sop, a North Korean bank representative stationed abroad, was sanctioned and charged in the US over two separate money laundering conspiracies, both of which involved the use of cryptocurrency.
Sim works for the Korea Kwangson Banking Corp (KKBC) and recently relocated to Dandong, China, according to the sanctions

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Samuel Rubenfeld


Samuel Rubenfeld is a reporter covering cases of bribery and corruption and some international trade issues. Prior to joining MLex, he was editor of the Kharon Brief, a news and data analysis platform focused on global security issues, including sanctions and export controls. Earlier in his career, Rubenfeld spent about a decade at The Wall Street Journal, including nearly nine years as a reporter covering corporate risk and compliance concerns such as bribery, money laundering, sanctions, terrorist financing and whistleblowers.

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