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US sanctions two Russians for kicking back North Korean IT workers The US Treasury Department has sanctioned 10 people and one entity for helping North Korean IT workers make money through fraudulent employment and cash conversion of cryptocurrencies. Russian citizens Ilya Boykov and Witold Oberts were identified as key middlemen in a network that generated hundreds of millions for North Korea, converting nearly $2 million in crypto for officials. North Korean IT workers use fake identities to secure jobs and transfer income to the regime, with the activity estimated to generate $250 million to $600 million a year, exacerbated by artificial intelligence tools that make recruitment fraud harder to detect.

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CryptoPotato · Crypto · · Source

🇰🇵 North Korea · Map

US sanctions two Russians for kicking back North Korean IT workers The US Treasury Department has sanctioned 10 people and one entity for helping North Korean IT workers make money through fraudulent employment and cash conversion of cryptocurrencies. Russian citizens Ilya Boykov and Witold Oberts were identified as key middlemen in a network that generated hundreds of millions for North Korea, converting nearly $2 million in crypto for officials. North Korean IT workers use fake identities to secure jobs and transfer income to the regime, with the activity estimated to generate $250 million to $600 million a year, exacerbated by artificial intelligence tools that make recruitment fraud harder to detect.

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