U.S. Department of Justice Seeks Forfeiture of $7.74 Million in Cryptocurrency Linked to North Korean IT Workers

According to Odaily, the U.S. Department of Justice has initiated a civil forfeiture lawsuit to seize $7.74 million in cryptocurrency allegedly laundered by North Korean IT workers. These individuals are accused of securing employment at U.S. and international companies through fraudulent means. The workers reportedly used false identities to gain positions at American cryptocurrency firms, receiving payment in stablecoins. The funds were then laundered through various methods before being transferred back to North Korea.