The sanctions come at a time when the US is maintaining pressure on the North Korean government in its negotiations to denuclearize the Korean Peninsula
The United States has imposed sanctions on two North Korean-controlled information technology companies based in China and Russia, accusing them of moving illicit funds to North Korea.
“These actions are intended to stop the flow of illicit revenue to North Korea from overseas information technology workers disguising their true identities and hiding behind front companies, aliases, and third-party nationals,” said Treasury Secretary Steve Mnuchin in an official statement.
The department designated the China-based China Silver Star, its North Korean CEO Jong Song Hwa and its Russia-based sister company Volasys Silver Star as such fronts.
