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The United States Department of Justice (DOJ) has filed a civil forfeiture complaint seeking to seize approximately $7.74 million in cryptocurrency allegedly connected to a scheme involving North Korean IT workers.
According to a June 5 press release from the DOJ, the funds were earned by remote workers using falsified identities to gain employment at blockchain-related firms.
These individuals, operating on behalf of the North Korean government, reportedly used the crypto ecosystem to evade US sanctions and funnel illicit gains back to the Democratic People’s Republic of Korea (DPRK).
Remote Employment, Blockchain Firms, and Laundering Tactics
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