US Sanctions Crypto Facilitators Linked to North Korean IT Worker Schemes
6 outlets · first seen 23h ago · latest 1h ago
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The Defiantfirst seen
US Sanctions Crypto Facilitators Linked to North Korean IT Worker Schemes
The new SDN entries identify eight distinct Ethereum and Tron addresses, including one listed under both Russian intermediaries.…
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CryptoSlate
North Korea’s $600 million fake-worker empire has a hidden crypto connection
The October 28 designations identify Ethereum and Tron addresses, but firms' existing blocking duties extend beyond the listed wallets. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
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Decrypt
Treasury Sanctions 11 Over North Korean IT Worker Scheme That Moved Millions in Crypto
Two Russian nationals converted more than $5 million in crypto for North Korean networks, according to OFAC, which listed their wallets.
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CoinDesk
U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers
Russian nationals Ilya Boykov and Vitold Obertas allegedly converted about $3.5 million and nearly $2 million in crypto, respectively, for North Korea.
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BeInCrypto
US Sanctions Two Russians Accused of Converting $5.5M in Crypto for North Korea
The US Treasury sanctioned 10 individuals and one entity on October 28 over North Korea’s IT worker schemes. Two of those named are Russians who allegedly converted millions in crypto for the regime’s networks. Chainalysis’s on-chain data connects one of the Russians to mainstream crypto exchanges, which the firm did not name. Following the Money Out of Pyongyang’s Remote Payroll…
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Bitcoin Magazine
U.S. Treasury Sanctions Crypto Launderers Behind North Korea’s Fake Workers
Bitcoin Magazine U.S. Treasury Sanctions Crypto Launderers Behind North Korea’s Fake Workers The U.S. Treasury Department on Tuesday sanctioned ten individuals and one company, accusing them of helping North Korea collect wages from foreign employers, many of them American, through fake identities and forged paperwork. The workers are typically placed at legitimate firms under invented personas, sometimes with AI-generated resumes,…