DOJ Seizes $7.74 Million in USDC Linked to Alleged North Korean Laundering Scheme
The post DOJ Seizes $7.74 Million in USDC Linked to Alleged North Korean Laundering Scheme appeared on BitcoinEthereumNews.com. The US Department of Justice has seized $7.74 million linked to North Korean operatives laundering crypto earnings through stolen American identities to fund illicit activities. North Korean IT workers exploited fraudulent identities to bypass KYC protocols and secure remote blockchain jobs, funneling proceeds to support the regime’s weapons program. According to COINOTAG sources, this enforcement action is a critical component of the DPRK RevGen initiative targeting North Korea’s cyber-financial networks. DOJ seizes $7.74M laundered by North Korean hackers using stolen US identities to fund weapons; part of DPRK RevGen crackdown on illicit crypto operations. ‘, ‘
The post DOJ Seizes $7.74 Million in USDC Linked to Alleged North Korean Laundering Scheme appeared on BitcoinEthereumNews.com.
The US Department of Justice has seized $7.74 million linked to North Korean operatives laundering crypto earnings through stolen American identities to fund illicit activities. North Korean IT workers exploited fraudulent identities to bypass KYC protocols and secure remote blockchain jobs, funneling proceeds to support the regime’s weapons program. According to COINOTAG sources, this enforcement action is a critical component of the DPRK RevGen initiative targeting North Korea’s cyber-financial networks. DOJ seizes $7.74M laundered by North Korean hackers using stolen US identities to fund weapons; part of DPRK RevGen crackdown on illicit crypto operations. ‘, ‘
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