DOJ Seizes $7.7 Million Crypto Linked to North Korean IT Worker Fraud Scheme

The U.S. Department of Justice (DOJ) is taking action against a complex crypto scheme involving North Korean IT workers using fake IDs to bypass sanctions and fund weapons development. The DOJ has seized over $7.7 million in cryptocurrency linked to the operation, which aimed to move funds from US tech jobs secured by these individuals through hidden online transactions. Officials have accused those involved of using stolen or fabricated identities to gain remote employment at blockchain and tech firms.