US blacklists Seychelles-based crypto exchange over North Korean laundering

The U.S. Treasury Department has moved to cut a Seychelles-based cryptocurrency exchange off from the American financial system for facilitating at least $16.7 billion in transactions linked to illicit activity, including North Korean money laundering. The department’s Financial Crimes Enforcement Network (FinCEN) issued an order on Friday prohibiting U.S. financial institutions from processing transfers to […]

Source: NK News