Tag: token swapping
Bogus IT workers are defrauding US businesses
The US government has seized over $7.74 million in illegal funds, allegedly siphoned off by illegitimate North Korean Information Technology (IT) workers for the benefit of the North Korean government. The US Department of Justice (DOJ) has filed a civil forfeiture complaint alleging that the IT workers secured employment in the US illegally, racking up millions of dollars in cryptocurrency and bypassing US sanctions placed against North Korea. According to the US Federal Bureau of Investigation (FBI), the use of North Korean IT workers to defraud the US is now taking place on a massive scale.