• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
  • 200 FREESPINS
Breaking News: Tether Announces Strategic Partnership To Combat Stablecoin Misuse
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
  • 200 FREESPINS
Bitcoinist.com
No Result
View All Result
Breaking News: Tether Announces Strategic Partnership To Combat Stablecoin Misuse
DOJ Charges North Korean Nationals for Crypto Theft and Identity Fraud in US

DOJ Charges North Korean Nationals for Crypto Theft and Identity Fraud in US

Samuel Edyme
by Samuel Edyme
1 week ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The United States Department of Justice (DOJ) has revealed coordinated enforcement actions against an alleged North Korean operation designed to infiltrate US companies and steal crypto assets.

According to the DOJ, North Korean nationals posed as US citizens to gain remote IT jobs, steal sensitive company data, and launder cryptocurrency earnings, generating funds believed to support the sanctioned regime’s state programs.

Related Reading: US Seeks Forfeiture of $7.7M in Crypto Linked to North Korean IT Workers

Identity Theft, Crypto Laundering, and Global Facilitation

In a statement released Monday, the DOJ announced it had filed two indictments, made one arrest, conducted searches across 16 states, and seized 29 financial accounts linked to illicit funds.

Authorities say the scheme involved the use of stolen identities from over 80 Americans to fraudulently obtain work-from-home jobs at more than 100 companies, including several Fortune 500 firms.

These roles enabled the perpetrators to receive regular salaries and gain access to sensitive corporate information, causing at least $3 million in damage through legal, cybersecurity, and operational costs.

One federal indictment in Georgia outlined how four North Korean nationals allegedly stole over $900,000 in cryptocurrency from two US firms.

The stolen assets were funneled through mixing services like Tornado Cash, which obfuscate transaction trails, before being withdrawn via accounts created with falsified Malaysian documentation. Court documents revealed these funds were used to bypass US sanctions and financially support North Korea’s regime.

The operation reportedly involved assistance from individuals based in the United States, China, the United Arab Emirates, and Taiwan. These collaborators allegedly helped North Korean operatives create front companies and fraudulent websites to support their remote job applications.

Authorities say they also hosted “laptop farms” where North Korean workers could access US employer-provided systems remotely. Assistant Attorney General John A. Eisenberg of the DOJ’s National Security Division stated:

These schemes target and steal from US companies and are designed to evade sanctions and fund the North Korean regime’s illicit programs, including its weapons programs.

Law Enforcement Urges Companies to Remain Vigilant

Federal agencies emphasized the national security implications of such schemes. FBI Cyber Division Assistant Director Brett Leatherman. noted:

North Korean IT workers defraud American companies and steal the identities of private citizens, all in support of the North Korean regime.

He warned that operators of laptop farms should expect scrutiny and enforcement. According to the FBI, this campaign represents an organized effort to funnel potentially hundreds of millions of dollars into the North Korean economy, directly threatening US businesses and citizens.

Related Reading: Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings

Assistant Director Roman Rozhavsky of the FBI’s Counterintelligence Division further highlighted that the effort was not merely criminal but geopolitical, stating:

North Korea remains intent on funding its weapons programs by defrauding US companies and exploiting American victims of identity theft.

Meanwhile, the FBI is calling on companies to increase due diligence when hiring remote IT personnel, especially amid the rise of decentralized digital workforces.

The global crypto market cap valuation on TradingView
The global digital currency market cap valuation. | Source: TradingView.com

Featured image created with DALL-E, Chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Samuel Edyme

Samuel Edyme

Follow

Edyme is a writer, a content writer that specialises in writing about the crypto realm. Asides Bitcoinist and NewsBTC, Edyme's writing has been featured in top sites such as Blockchain.News, CoinMonk, Blockchain Reporter, Bitcoin Insider among others.

Full Profile

Related Posts

Crypto

Indicted Crypto Founder Seeks Pardon From US President Trump

3 hours ago
Bitcoin

Grayscale Responds To SEC Decision To Delay GDLC ETF Debut

7 hours ago
Crypto Market Reacts As Powell Resignation Rumors Spread: Fannie Mae Chairman Says 'Economy Will Boom'

Crypto Market Reacts As Powell Resignation Rumors Spread: Fannie Mae Chair Says ‘Economy Will Boom’

18 hours ago
crypto, tax

US Treasury Officially Removes Controversial Biden-Era Crypto Broker Reporting Rules

22 hours ago
SharpLink Buys 10,000 ETH From Ethereum Foundation — What Are They Planning?

SharpLink Buys 10,000 ETH From Ethereum Foundation — What Are They Planning?

1 day ago
Crypto

China Softening On Crypto? Shanghai Hosts Rare Digital Currency Policy Meeting

1 day ago

Premium Sponsors

Press Releases

  • Start Bitcoin Mining Machines with “King of...

    8 hours ago
  • DL Mining Launches Free Mining: Bitcoin, Dogecoin and...

    10 hours ago
  • Earn $4371 a day! ETH Launches Dogecoin Miner Guide: Zero...

    13 hours ago
  • Unlock Free Bitcoin & Dogecoin Profits: Top 10 Safe...

    14 hours ago
  • Why SpacePay Might Spark the Next Crypto Payments Revolution During Its Viral Presale

    Why SpacePay Might Spark the Next Crypto Payments...

    16 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
  • 200 FREESPINS
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.