SecurityDecryptabout 3 hours ago
Treasury Sanctions 11 Over North Korean Crypto
3 min read
The U.S. Treasury Department sanctioned 10 individuals and one entity for North Korean IT worker schemes defrauding U.S. businesses. Russian nationals Ilya Boykov and Vitold Obertas converted millions in crypto since 2024, while a Vladivostok center generated over $750,000 since 2025 using AI tools and complex cryptocurrency transfers to fund weapons programs.
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