The US Treasury’s sanctions office added ten individuals and one company to its blacklist for helping place fake North Korean IT workers at Western companies. Russians Vitold Obertas and Ilya Boykov converted more than $5 million in cryptocurrency for the North Korean regime, while the Vladivostok-based FFTDC received more than $750,000 from six developers since 2025. OFAC also published eight Ethereum and Tron addresses, including one Ethereum address shared by the two Russian intermediaries, so that future transfers to them could lead to sanctions. The measures follow similar designations by Australia and the European Union and extend an ongoing campaign against Pyongyang’s IT worker placement networks.
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