PANews reported on November 5th that, according to Chainalysis, the U.S. Treasury Department's OFAC has designated several North Korean-related individuals and entities involved in money laundering, cybercrime proceeds, and IT outsourcing funds. The list includes Korea Mangyongdae Computer Technology Corporation and 54 cryptocurrency addresses linked to Cheil Credit Bank (which was sanctioned in September 2017). This designation aligns with the conclusions of the U.S. Treasury Department's MSMT report on North Korean cyber activities last month, which also released preventative recommendations and key points.PANews reported on November 5th that, according to Chainalysis, the U.S. Treasury Department's OFAC has designated several North Korean-related individuals and entities involved in money laundering, cybercrime proceeds, and IT outsourcing funds. The list includes Korea Mangyongdae Computer Technology Corporation and 54 cryptocurrency addresses linked to Cheil Credit Bank (which was sanctioned in September 2017). This designation aligns with the conclusions of the U.S. Treasury Department's MSMT report on North Korean cyber activities last month, which also released preventative recommendations and key points.