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US Sanctions 10 Individuals and One Entity Over North Korean Crypto Network
The US Treasury Department has imposed sanctions on ten individuals and one company for helping North Korea raise funds through fake online tech jobs and cryptocurrency deals. The group used stolen IDs, fake resumes, and false names to get hired by unsuspecting companies. The money earned from these tech jobs is then redirected directly back to the North Korean government, while giving remote workers access to company networks, putting businesses at risk of data theft, malware, and extortion. The sanctions include specific Ethereum and Tron crypto wallet addresses used by two Russian middlemen for illegal funds transfer.