US sanctions North Korean bankers linked to cybercrime, IT worker fraud

The U.S. Treasury (OFAC) sanctioned multiple North Korean entities, banks, and individuals for laundering cryptocurrency stolen by DPRK-linked cybercriminals and running IT worker schemes that obfuscate identities; the report attributes over $3 billion in crypto thefts to these actors, cites use of advanced malware and social engineering, and links funds to ransomware attacks and sanctions-evasion activities supporting North Korea’s national programs.