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US DoJ Moves to Seize $7.7M Linked to North Korean Crypto Laundering Case

  • The US Department of Justice (DoJ) filed a complaint to forfeit over $7.74 million in crypto linked to North Korean laundering activities.
  • North Korean IT workers used fake identities to secure illegal employment in the US and other countries.
  • US authorities froze and seized the funds associated with the illicit activities of North Korean operatives.
  • The DoJ's initiative highlights efforts to crack down on North Korean money laundering activities using cryptocurrencies.

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