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Uncle Sam moves to seize $7.7M laundered by North Korean IT worker ring

ID: 283f87e7-1233-5fdc-93de-dcb9bd0a84fe

STIX ID: report--283f87e7-1233-5fdc-93de-dcb9bd0a84fe

Feed Name: The Register (Security)

Threat Score
78/100

Date Published: 2025-06-06

Date Updated: 2026-04-26

Author: Connor Jones

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The DOJ has filed a civil forfeiture complaint seeking to seize $7.74 million tied to an alleged North Korean scheme that embedded overseas IT workers in U.S. tech companies to steal identities, operate laptop farms, and launder payrolls via stablecoins; authorities say these operations have generated tens to potentially hundreds of millions of dollars to fund North Korea’s programs and describe evolving tactics and law enforcement responses.

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