Remote Work Scam: North Koreans Stole $1 Million in Crypto, DOJ Says
2025-07-01 10:55:38
Main Idea
Four North Koreans were charged by US prosecutors for stealing nearly $1 million in cryptocurrency by posing as remote IT workers, allegedly to help North Korea evade sanctions and fund banned weapons programs.
Key Points
1. The suspects, identified as Kim Kwang Jin, Kang Tae Bok, Jong Pong Ju, and Chang Nam Il, used fake and stolen IDs to hide their North Korean citizenship.
2. They operated from the United Arab Emirates in 2019 and later secured jobs at blockchain and crypto firms in Atlanta and Serbia between December 2020 and May 2021.
3. Kim and Jong allegedly used fake documents to secure employment, while Jong stole around $175,000 in cryptocurrency in February 2022.
4. The stolen funds were intended to help North Korea avoid sanctions and support its prohibited weapons programs.
5. The US Department of Justice (DOJ) charged the group with wire fraud and money laundering.
Description
US prosecutors have charged four North Korean citizens with wire fraud and money laundering after they allegedly pretended to be remote IT workers to steal nearly $1 million in crypto .
Latest News
- Remote Work Scam: North Koreans Stole $1 Million in Crypto, DOJ Says2025-07-04 05:43:51
- Pi2Day Buzz: AI Hints and Google Rumors Push Pi Token Price Up2025-07-04 05:25:03
- $6 Million Bitcoin Scam Suspect Caught at Thai Airport Before Takeoff2025-07-04 04:47:34
- $45 Million Bitcoin Sale Triggers No-Confidence Vote in Czech Parliament2025-07-04 04:47:04
- Bitcoin Kidnapping Case Duo Say Victim Was Laughing, Not Locked Up2025-07-04 04:45:33