PANews reported on December 18 that according to CoinDesk, the U.S. Treasury Department announced that it had shut down a North Korean cryptocurrency money laundering network that converted cryptocurrency into cash for North Korea's use through a UAE-based front company, Green Alpine Trading, LLC. The United States has added the company and two Chinese citizens who have participated in the network since 2022 to the sanctions list. The Treasury Department pointed out that North Korea has been raising funds through crypto crimes to support its nuclear weapons program, and the UAE has cooperated with the United States in the operation, but did not disclose the current status of the two sanctioned Chinese citizens.