OFAC Sanctions Crypto Network Tied to $800M North Korea IT Worker Scheme

TLDR: OFAC sanctions target six individuals tied to a DPRK IT worker scheme that generated nearly $800M in 2024 revenue. Treasury lists 21 crypto addresses across Ethereum, Tron, and Bitcoin linked to DPRK-linked financial networks. A Vietnam-based facilitator converted about $2.5M into crypto for North Korean workers between 2023 and 2025. Chainalysis says DPRK networks [...]

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