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U.S. sanctions Russians Boykov and Obertas for laundering crypto for North Korea

U.S. sanctions Russians Boykov and Obertas for laundering crypto for North Korea
AI summary

The U.S. sanctioned Russian nationals Ilya Boykov and Vitold Obertas, who allegedly laundered crypto for North Korean IT workers. Boykov is accused of converting about $3.5 million and Obertas nearly $2 million in crypto for North Korea. The action highlights continued illicit-finance flows through crypto and raises compliance and enforcement risk for exchanges handling such funds.

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