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The US Treasury has approved two people and four entities involved in what is said to be a North Korean ring of IT worker to infiltrate the crypto of the company aimed at using.
Office for Foreign Asset check (OfAC) said Tuesday that she sanctioned the song Kum Hyok based in North Korea for alleged theft of US citizens to use aliases, and gave it hired foreign IT workers to seek employment with American companies.
Ofac also approved the Russian National Gayk Asatryan for the alleged use of its companies to employ dozens of North Korean IT workers on the basis of long -term agreements, which it has signed with North Korean business companies since 2024.
The growing number of fraudulent technical workers with ties to North Korea, officially democratic People’s Republic of Korea (DPRK), was Extension of their infiltration operationsWith a Google report from Google, he finds that the infrastructure for schemes has spread around the world.
“Treasury has continued to use all available tools to disrupt Kim’s efforts to circumvent sanctions through its theft of digital asset, attempt to comply with Americans and harmful cyber attacks,” said Minister of Finance Michael Faulkender.
Thousands of IT workers focus on richer countries to finance a missile program
OfAC said North Korea aims to generate revenue for its ballistic missile programs by deploying thousands of strong workforce of highly qualified IT workers around the world, most of which are found in China and Russia.
The workforce focuses mainly on employers based in richer countries and uses various network platforms specific to the industry specific to the industry, said Ofac.
The sanctions They mean all US assets associated with asatryan, song and four named Russian entities that are also frozen. Now it is also illegal for people in the US to carry out any financial transactions or lead business negotiations under the threat of civil and criminal sanctions.
North Korea moved away from the hacks
North Korea was notoriously known for its high -ranking hacks through teams For example, the Lazarus Groupand is responsible for some of the largest crypto hacks that have ever been recorded, For example, $ 1.5 billion in February.
However, the news company Blockchain Trm Labs said Tuesday that they are starting to move tactics.
“While the violation of the stock exchange remains significant, the operations associated with DPRK are increasingly moving towards the creation of fraud -based income, including IT employees,” the company said.
Estimates TrM Labs estimate that bad actors aligned North Korea are responsible for $ 1.6 billion out of stolen $ 2.1 billion over 75 crypto hacks and exploitation In the first half of 2025.
Forbids us to North Korean IT workers
This year, US authorities were increasingly intervened by fraudulent North Korean IT workers programs.
Related: North Korea focuses on crypto workers with new malware hiding information
June 30. There were four North Korean nationals accused of fraud and money laundering After the performance as distant workers on us and Serbian blockchain companies.
Meanwhile June 5, the US Ministry of Justice said Try to entertain $ 7.74 million for frozen crypts IT staff in North Korea, who have acquired North Korean, use false identities and work in blockchains as suppliers.
Magazine: North Korea Crypto hackers Tap Chatgpt, Malaysie Road Money Siphoned: Asia Express
