OFAC targets arms trafficking networks fueling North Korea and Myanmar, sanctioning 6 individuals and entities and freezing their U.S. assets

The Treasury’s designations underscore ongoing U.S. efforts to disrupt financial networks that enable North Korea’s weapons development and proliferation activities. By targeting individuals and entities tied to arms sales and illicit revenue generation, the measures aim to cut off critical funding streams and increase pressure on both Pyongyang and its enablers…