In coordination with the Republic of Korea and Japan, the United States sanctioned two individuals and one entity—Jon Jin Yong, Sergey Mikhaylovich Kozlov, and Intellekt LLC—involved in generating revenue for the Democratic People’s Republic of Korea’s (DPRK) unlawful development of weapons of mass destruction (WMD) and ballistic missiles, the US Department of the Treasury said, Report informs.
This action by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) was taken in response to the DPRK’s August 23 attempted launch of a reconnaissance satellite into orbit, marking its second failed attempt to do so in three months.