US sanctions two Russians for cashing out North Korean IT workers’ crypto
The US Treasury sanctioned two Russian nationals for helping North Korean IT workers convert crypto into cash, targeting the cash-out stage of the scheme. The UN estimates the operation generates $250 million to $600 million annually for North Korea. Traders should watch for tighter compliance scrutiny on exchange and OTC cash-out channels tied to sanctioned actors.
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1H AGOYou’re reading thisUS sanctions two Russians for cashing out North Korean IT workers’ cryptoCryptoPotato · Score 55
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29 OCT · 12:38Cointelegraph · Score 55 · via North Korean, North
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29 OCT · 12:18CoinDesk · Score 55 · via sanctions Russians, North
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29 OCT · 11:00CryptoSlate · Score 55 · via US sanctions, fake-worker
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28 OCT · 15:53The Defiant · Score 55 · via Korean worker, US sanctions