KCKimchi Canary
Charged; allegations unresolved unless proven in court

DOJ charged Foreign Trade Bank representative Sim Hyon Sop in crypto laundering conspiracies

DOJ says Sim allegedly conspired with North Korean IT workers to launder proceeds from illegal IT development work at blockchain companies.

Official record, no official photo published here

Listed people/entities

Sim Hyon Sop aka Sim

Observed indicators from source

  • Blockchain development companies
  • Stablecoin and virtual currency payments
  • FTB-linked laundering allegations
  • Sanctions evasion

Source record

U.S. Department of Justice · 2023-04-24 · North Korean Foreign Trade Bank Representative Charged in Crypto Laundering Conspiracies

Search names: Sim Hyon Sop, Sim