The U.S. Department of Justice (DOJ) seized $7.74M in cryptocurrency allegedly used by North Korea to finance illegal weapons development.
North Korean IT experts earned cryptocurrency through remote work with international companies under false identities to evade U.S. sanctions and support weapons programs.
The seizure is linked to an earlier indictment of Sim Hyon Sop, a representative of North Korea's Foreign Trade Bank, for money laundering with IT operatives.
U.S. officials emphasize the ongoing threat of North Korea using cryptocurrency for illicit purposes and highlight the government's commitment to disrupting such activities.