Binance, the world’s largest crypto exchange, has responded to the U.S. Treasury seizing $4.4 million and freezing accounts linked to North Korean crime. We are proud to have assisted US law enforcement in seizing $4.4M and freezing accounts linked to North Korean organized crime. — Binance (@binance) May 24, 2023On May 23, the U.S. Treasury’s Office of Foreign Assets Control blacklisted the Binance-hosted wallets to tie up the North Korean government. The crypto wallet belongs to a 58-year-old named Kim Sang Man, a North Korean citizen. Binance stated that the exchange is proud to have assisted U.S. law enforcement in seizing $4.4 million and freezing accounts linked to North Korean organized crime.

Source: The North Africa Journal May 25, 2023 06:32 UTC