<ul data-eligibleForWebStory="false"><li>The US Treasury Department has imposed sanctions on individuals and organizations associated with North Korean IT worker activities targeting American crypto firms.</li><li>North Korean hackers have shifted tactics from direct hacking to placing fraudulent employees in Western businesses through fake job offers to steal identities and funds.</li><li>Sanctioned individuals include North Korean citizen Song Kum Hyok, accused of stealing American identities, and Russian national Gayk Asatryan for hiring North Korean IT workers.</li><li>These sanctions aim to disrupt North Korea's cyber warfare strategies, with TRM Labs reporting that North Korean state-backed cyber criminals have stolen $1.6 billion in digital assets in early 2025, leading US authorities to crack down on such fraudulent activities.</li></ul>

US Imposes Sanctions on North Korean Tech Workers in Crypto Fraud Case

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