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@ Layer3.news
2025-06-06 01:21:26
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US WANTS $7.7M IN CRYPTO LAUNDERED IN NORTH KOREA IT WORKER PLOT
https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDYvMDE5NzQyNTktMzU4YS03YmI2LTgxYmItNmQyNTdjOGM0Yzc2.jpg
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✍️ The US Department of Justice is seeking to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors.
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👉 The US Department of Justice is seeking to seize $7.74 million in crypto allegedly earned by North Korean IT workers
👉 The funds were initially frozen in April 2023 as part of an indictment against Sim Hyon Sop
👉 The funds include multiple cryptocurrencies, stablecoins, non-fungible tokens, and Ethereum Name Service domains
👉 The case highlights how the North Korean government is trying to exploit the cryptocurrency ecosystem to fund its illicit priorities
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#SimHyonSop #MatthewGaleotti #KimSangMan #ZachXBT #China #NorthKorea #UnitedStates #Europe #technology
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