Today, OFAC designated six individuals and two entities for facilitating North Korean IT worker schemes that generated nearly $800 million in 2024 to fund the DPRK's weapons programs. The action targets networks in Vietnam, Laos, and Spain that used crypto to move illicit earnings. Read our analysis:

OFAC Targets DPRK IT Workers Using Crypto
OFAC sanctions individuals and entities facilitating DPRK IT worker fraud schemes that converted millions into cryptocurrency to fund weapons programs.
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