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OFAC Just Sanctioned the Crypto Cash-Out Route for North Korea's Fake IT Workers
The US Treasury just put names, numbers and wallet addresses on one of crypto's least visible money trails. On October 28, 2026, the Office of Foreign Assets Control (OFAC) sanctioned 10 individuals and one entity for supporting North Korean government-run IT worker schemes that defraud US businesses and funnel the proceeds toward the regime's weapons programs. Two Russian middlemen allegedly...
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