Quang Viet NGUYEN

Vietnam

1993-10-12

Male

Vietnam

122094898, National ID No.

Executive

Nguyen Quang Viet (Nguyen) is the Chief Executive Officer (CEO) of Quangvietdnbg International Services Company Limited (Quangvietdnbg), a company based in Vietnam. Nguyen facilitates currency conversion services for North Koreans through his company. Between mid-2023 and mid-2025, Nguyen converted approximately $2.5 million into cryptocurrency for North Koreans, which included converting illicit earnings from IT workers associated with Amnokgang. Amnokgang is being designated pursuant to Executive Order (E.O.) 13810 for operating in the information technology industry in North Korea. OFAC is designating Nguyen for having materially assisted, sponsored, or provided financial, material, or technological support for, goods or services to or in support of Amnokgang. Quangvietdnbg is being designated pursuant to E.O. 13810 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Nguyen.

US

https://home.treasury.gov/news/press-releases/sb0416

2026-03-12

US

Executive Order 13810 of September 20, 2017 Imposing Additional Sanctions With Respect to North Korea

OFAC country specific / UN

Democratic People's Republic of Korea

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/topic/1556 460. Can U.S. persons do business with entities in North Korea? No. Unless authorized pursuant to a general or specific license from OFAC and/or BIS, Executive Order (E.O.) 13722 prohibits new investment in North Korea by a U.S. person and the exportation or reexportation, from the United States, or by a U.S. person, of any goods, services, or technology to North Korea. E.O. 13810 (“Imposing Additional Sanctions with Respect to North Korea”) does not modify any of those prohibitions.

The United States imposed a near total economic embargo on the DPRK in 1950 after the DPRK attacked the South, sparking the Korean war. Over the following years, some U.S. sanctions were eased, but others were imposed. Executive Order 13810 was issued on September 21, 2017, in the wake of the DPRK’s September 2017 nuclear test and multiple intercontinental ballistic missile (ICBM) tests. Combined with previous executive orders, statutory sanctions provisions, and other restrictions on the DPRK, these constitute some of the most restrictive sanctions related to the DPRK to date.

SDN