June 16, 2025

fake IT workers

Crypto

US Seeks Forfeiture of $7.74M in Cryptocurrency Tied to North Korean IT Workers

The US Department of Justice last week filed a civil forfeiture complaint over $7.74 million in digital assets linked to North Korean fake IT worker schemes. The funds, representing cryptocurrency, NFTs, and other digital assets, were frozen in connection to the April 2023 indictment of North Korean Foreign Trade Bank (FTB) representative Sim Hyon Sop,

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