OFAC Targets North Korean IT Worker Networks Using Cryptocurrency to Fund WMD Programs

This Chainalysis-style report summarizes OFAC sanctions against six individuals and two entities tied to DPRK-orchestrated IT worker fraud schemes that generated nearly $800 million in 2024 to fund North Korea’s WMD and missile programs; it lists designated cryptocurrency addresses across Ethereum, Tron, and Bitcoin, describes facilitators and movement through Vietnam, Laos, Spain and mainstream crypto services, and highlights associated malware, extortion, and laundering activity used to evade sanctions.