US Treasury sanctions firms linked to North Korean crypto job schemes
March 13, 2026, 3:30 AM
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has sanctioned two companies and six individuals for allegedly aiding fraudulent schemes involving North Korean IT workers who secured jobs under false identities, Cointelegraph reported. The sanctions freeze all U.S.-based assets of the designated entities and prohibit them from conducting financial transactions or business activities within the United States.
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