🚨 U.S. Seizes $7.7M in Crypto from North Korean Hackers Using Fake IT Jobs

The Scheme:

North Korean hackers posed as remote IT workers to infiltrate U.S. & global companies, laundering crypto for the Pyongyang regime.

🔍 Key Details:

▪️ $7.7M forfeiture ordered by U.S. DOJ

▪️ Funds funneled through Sim Hyon Sop, a North Korean operative

▪️ Hackers used fake IDs, exchange accounts & NFT purchases to hide tracks

⚠️ Why This Matters:

💰 North Korea generates hundreds of millions yearly from such ops

🖥️ "Freelance devs" could be state-backed hackers

🌐 Sanctions evasion getting more sophisticated

🔥 The Bigger Threat:

✔️ FBI warns of rising complexity in these schemes

✔️ Fake IT workers = new front in cyber warfare

#CyberSecurity #CryptoCrime #NorthKorea #USDC #Sanctions

(Stay vigilant – verify who you hire!) 🔐