US offers $5 million reward to curb North Korea's illicit funding
The U.S. Department of State has announced a reward of up to $5 million for information related to the illegal financing of the North Korean regime, focusing on IT and money laundering activities.
The U.S. authorities are taking decisive steps to combat the illicit funding of North Korea.
According to the U.S. Department of State, this reward is offered for information that can help dismantle the financial systems supporting North Korea's weapons program.
The reward is intended to disrupt the financial networks that aid the production of weapons of mass destruction in North Korea. U.S. officials note that these networks depend on several key practices, including the export of labor, money laundering, and criminal cyber activities.
Special attention is being paid to the role of companies and employees in the information technology sector who engage in these unlawful activities. U.S. authorities stress that such practices are a significant source of revenue for the regime in Pyongyang.
In its statement, the U.S. Department of State emphasized that any information helping to halt these illegal activities is invaluable. The authorities are relying on international cooperation to effectively address the threats posed by North Korea's weapons program.
