World ·
US Treasury sanctions 10 people and one entity over North Korean IT worker schemes

OFAC sanctioned 10 individuals and one entity for their roles in North Korean government-run IT worker schemes that, it said, defraud US businesses and fund weapons programmes. Treasury said the networks used cryptocurrency transactions, money laundering and "artificial intelligence tools" to move "millions of dollars for the DPRK government." It said the regime keeps most of the workers' wages.