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Tag: North Korea

Posted on July 26, 2025

US sanctions North Korean company linked to funneling money to weapons programs

The Treasury Department announced it sanctioned a North Korean company on Thursday that helped funnel money to the communist country’s weapons programs. The Korea Sobaeksu Trading Company was …
Posted on July 25, 2025

Texas foreign buyer law rattles real estate brokers, investors

Senate Bill 17, signed into law by Gov. Greg Abbott in June, bans the purchase of any kind of real estate by entities tied to China, Iran, North Korea or Russia.

( read original story …)



Posted on July 25, 2025

Woman gets 8 years for aiding North Koreans infiltrate 300 US firms

Christina Marie Chapman, a 50-year-old woman from Arizona, was sentenced to 102 months in prison after pleading guilty to her involvement in a scheme that enabled North Korean IT workers to infiltrate …
Posted on July 25, 2025

Going mobile: N. Korean traders move business home to evade restrictions

Multiple sources inside North Korea report that merchants who once sold grain and manufactured goods at major marketplaces have moved their operations home, conducting business through mobile phones …
Posted on July 25, 2025

South Korea reviewing various options to improve North Korea ties

South Korea is studying various plans to improve relations with North Korea, a spokesperson for South Korea’s Unification Ministry said on Monday, in response to a media report that Seoul is …
Posted on July 25, 2025

North Korean defectors make debut in new K-pop boy band

A new K-pop boy band made their global debut on Friday with two members who defected from North Korea and an album that includes a song about the consequences of escaping one of the world’s most …
Posted on July 25, 2025

Arizona woman sentenced for helping North Korea coders get US crypto jobs

A US woman has been sentenced to 8.5 years in prison for assisting North Korean operatives in breaching hundreds of American crypto and tech firms, resulting in $17 million in illicit revenue.
Posted on July 25, 2025

Ultimate frontier market? Amid thaw, Chinese eye North Korea real estate

Amid thaw, Chinese eye North Korea real estate. By Yawen Chen and Sue-Lin Wong. May 2, 2018 2:16 PM UTC Updated May 2, 2018 Item 1 of 9 A city plan for the Dandong New Zone, 15 …

( read original story …)



Posted on July 25, 2025

Arizona woman in North Korean IT workers scheme sentenced to 8.5 years for helping to trick Fortune 500 companies out of millions

The call is coming from inside the house. If this happened to these big banks, to these Fortune 500, brand name, quintessential American companies, it can or is happening at your company,” said U.S.
Posted on July 24, 2025

North Korea’s Private Finance: No Banks but Lots of Loans

SEOUL—For decades after North Korea’s founding in the 1950s, financial security wasn’t a major concern for its citizens. A communist system provided most daily needs, and for many years …

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