The US Department of Justice has moved to the seizure of $ 7.74 million in Crypto that IT workers in North Korea get using fake identities and work in Blockchain companies as a remote contractors.
Money was initially frozen in April 2023 as part of an indictment against Sim Hyun Sop, a China -based banker who claims to help North Korea information workers to launder money, the Ministry of Justice. He said In the June 5 statement.
The Ministry of Justice is looking to seize multiple cryptocurrencies, including Stablecoins and BTC in various quantities, as well as distinctive, non -explosive symbols and names service ranges that are kept in multiple governorates for self -fraud and Binance accounts, according to the civil call for civil threats. foot June 5 in the Washington Court of Federal capital.
Matthew Gallowe, head of the Criminal Department at the Ministry of Justice, said that the case highlights how the North Korean government is trying to exploit “the ecosystem of the encoded currency to finance its illegal priorities.”
He said: “The administration will use every legal tool at its disposal to protect the ecosystems of the cryptocurrency and the denial of North Korea its unlawful gains in violating American sanctions.”
The Ministry of Justice has claimed that North Korea information workers who obtained encryption were active in multiple countries and used false identification documents and other overcoming strategies to obtain work.
It is claimed that workers earn bad gains
After payment, often at Stablecoins such as USDC (USDC) and Tether (USDT), it is claimed that IT workers use laundry technologies, including the mobility in the chain and the premium symbol paids to NFTS, to hide funds.
The Ministry of Justice claimed that the funds were supposed to be sent to the North Korean government via SIM and Kim Sang Man, another from North Korea on which Offac imposed money laundering crimes.
In recent years, North Korea has intensified its efforts to infiltrate the encryption industry and raise funds to send to the Kingdom of the hermit.
Google That Intelligence Group has released a report in April that shows in detail from North Korea to expand infiltration operations to Blockchain companies outside the United States after increasing the audit from the authorities, with a remarkable focus on Europe.
Related to: G7 Summit can discuss encryption breakthroughs in North Korea: Report
Meanwhile, Blockchain Zachxbt investigator said last August that he had discovered evidence of a sophisticated network of North Korean developers who earn up to $ 500,000 per month in “established” encryption projects.
In 2022, Ministry of Justice, Ministry of Foreign Affairs and Treasury Release A joint consultant warning about the flow of North Korea workers to various independent technical jobs, especially encryption.
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