The Treasury Department designates individuals, banks, and companies accused of laundering money for North Korea’s weapons and cyber operations. The Department of the Treasury’s Office of Foreign Assets…
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U.S., South Korea Annual Military Exercise Faces Unique Tensions
The Ulchi Freedom Shield military drills have been a source of tension with North Korea. South Korea and the United States issued a joint statement announcing their annual…
Read MoreU.S. Sanctions IT Worker Network Funding North Korean Weapons Program
The clandestine network sought to evade existing sanctions against the Democratic People’s Republic of Korea. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the Korea…
Read MoreBitcoin Value Jumps after President’s Strategic Crypto Reserve Announcement
It increased by several thousand in a few hours. The value of Bitcoin jumped from $85,000 to $94,000 within hours of President Donald Trump’s announcement of plans to…
Read MoreWhite House Announces Plan to Counter Russia, Iran, China, and North Korea
National security memo describes the four nations’ cooperation as an “axis of upheaval” or “quartet of chaos.” President Biden approved a national security memo on China, Russia, Iran,…
Read MoreU.S. Embassy Temporarily Closes in Kyiv
Officials received “specific information of a potential significant air attack.” The U.S. Embassy in Kyiv, Ukraine, issued an alert on Wednesday and temporarily closed down. The embassy stated…
Read MorePresident Approves Ukraine’s Use of U.S. Long Range Missiles Against Russia
Deputy national security advisor cites North Korean troops joining Russia’s side for policy change. On Sunday, President Joe Biden reversed his administration’s ban on Ukraine’s use of Army…
Read MoreDefense Department Distributes $425 Million in New Weapons to Ukraine
Missile systems, demolition, and medical equipment were included in the drawdown. The Department of Defense has provided Ukraine with additional weapons for its defense against Russia, making a…
Read MoreTreasury Designates Russian, North Korean Sanction-Evasion Network
Targets five entities and one individual based in Russian-occupied Georgia. The Treasury Department sanctioned five entities and one individual for enabling Russia and North Korea to evade U.S.…
Read MoreU.S. and South Korea Conduct First Interagency Table-Top Simulation
Nuclear Consultative Group meets for two days in Washington, D.C. Officials from the United States and South Korea concluded a two-day table-top simulation that explored possible strategic maneuvers…
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