U.S. Sanctions Russians Over Alleged Crypto Laundering for North Korean IT Workers
Edited by Steinar Vigdel Kolnes, Editor, Oslo
U.S. sanctions target two Russian nationals accused of converting millions in cryptocurrency for North Korean IT workers, according to CoinDesk.
The United States has sanctioned Russian nationals Ilya Boykov and Vitold Obertas over allegations that they laundered cryptocurrency for North Korean IT workers, CoinDesk reported.
Boykov allegedly converted approximately $3.5 million in cryptocurrency for North Korea. Obertas is accused of converting nearly $2 million.
The allegations involve roughly $5.5 million in combined crypto conversions. The reported figures concern the two men's alleged activity, rather than a broader total for North Korean operations.
Source: CoinDesk
