US sanctions North Korean tech worker crew over crypto thefts

The US Treasury sanctioned Song Kum Hyok and Gayk Asatryan for using stolen identities and employing North Korean IT workers. This illustrates a shift in North Korea’s tactics from direct hacks towards infiltration of crypto firms.

North Korea’s goal is to use these operations for funding its missile programs, mainly targeting wealthier nations. The US continues to crack down on fraudulent schemes involving North Korean tech workers, emphasizing its commitment to counteract these threats.