Credited from: AA
North Korea has strongly condemned the recent US sanctions that target its cybercrime networks, referring to Washington's actions as evidence of "wicked hostility." Vice Foreign Minister Kim Un Chol stated the sanctions are part of the US's ongoing hostile approach, asserting that they would not affect North Korea's strategic outlook or position. Kim emphasized that the DPRK will take "proper measures" to counter what he deems pressure tactics, asserting, "the U.S. needs to pay attention to the fact that there is no possibility for it to change the present strategic situation between the DPRK and the U.S." according to aa and aljazeera.
The US Treasury has accused North Korea of conducting cybercrime to fund its nuclear weapons programs, claiming state-sponsored hacking operations have stolen over $3 billion in digital assets. These accusations led to sanctions against eight individuals and two North Korean entities for laundering funds obtained through illicit activities. According to the Treasury, North Korea utilizes a sophisticated network across various countries to evade sanctions and acquire resources necessary for its weapons development, as reported by scmp and aa.
Additionally, Australia has joined the US by imposing sanctions on individuals linked to cybercrime activities supporting North Korea's military ambitions. Foreign Minister Penny Wong highlighted that North Korean actors were involved in large-scale cryptocurrency theft and fraud to finance weapons programs, indicating a concerted international effort against North Korea's revenue-generating networks. This action underscores a unified stance among allies in addressing North Korea's persistent challenges to regional stability, according to aa.
While denunciation was strong, analysts propose that North Korea's measured response might reflect a willingness to keep communication channels open for potential future negotiations. Commentators note that Kim Jong Un's recent actions, including a pivot towards closer ties with Russia, highlight a complex strategy amidst ongoing geopolitical tensions, as suggested by experts from scmp and others.