Treasury Sanctions 11 Linked to North Korean IT Worker Scheme
Edited by Steinar Vigdel Kolnes, Editor, Oslo
U.S. Treasury sanctions target 11 parties over a North Korean IT worker scheme, with two Russians accused of converting more than $5 million in crypto.
The U.S. Treasury has sanctioned 11 parties in connection with a North Korean IT worker scheme involving millions of dollars in cryptocurrency, according to Decrypt.
The Treasury’s Office of Foreign Assets Control (OFAC) said two Russian nationals converted cryptocurrency worth more than $5 million on behalf of North Korean networks.
OFAC also identified cryptocurrency wallets associated with the two Russians in its sanctions listings, linking specific addresses to the alleged activity.
Source: Decrypt
