US sanctions Russian national and Chinese company over North Korean IT worker schemes

The U.S. Treasury announced sanctions on individuals and firms connected to a North Korean IT-worker scheme that places DPRK nationals in foreign tech roles to commit fraud, steal data and cryptocurrency, and launder funds back to North Korea; the report highlights linked front companies, coordinated financial transfers (including roughly $600,000 in converted crypto), over $1M in profits at an alleged front since 2021, and multinational efforts to disrupt the network.