Midweek Roundup: US Officials to Tie North Korea to Online Heist, ‘Global Laundromat’ Funds Hit Western Banks, and More

U.S. federal prosecutors are preparing indictments that will accuse the North Korean government of orchestrating the siphoning of $81 million from the Bangladesh Bank's account with the Federal Reserve Bank of New York in February 2016 and using Chinese intermediaries to launder some of the funds, The Wall Street Journal reported. More Nearly $21 billion in suspicious funds from the "global laundromat" scheme linked to Russia entered the international financial system between 2010 and 2014 through Moldindconbank in Moldova and the now-defunct Trasta Komercbanka in Latvia, according to bank records obtained by the Organized Crime and Corruption Reporting Project and...