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US Treasury sanctions Chinese company over Salt Typhoon hack

Washington – The U.S. Treasury department on Friday sanctioned Singaporean Yin Kechen and cybersecurity company Sichuan Juxinhe Network Technology Co., accusing both of being involved in a series of hacks against American telecom companies.

The intrusions, known under the name ‘Salt Typhoon,’ have allegedly exposed a huge swathe of Americans’ call logs to Chinese spies and rattled the U.S. intelligence community.