Justice Department seeks forfeiture of $7.74M in North Korean crypto laundering



News Justice Department seeks forfeiture of $7.74M in North Korean crypto laundering Action targets seized funds connected to broader scheme that saw DPRK IT workers illegally obtaining employment in US Shreyas Reddy June 6, 2025 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON North Koreans using tablets and computers at the Pyongyang Sci-Tech Complex \| Image: NK News (Oct. 2016) The U.S. Department of Justice filed a complaint on Thursday seeking the forfeiture of over $7.74 million in cryptocurrency that North Korean IT workers allegedly laundered to fund the country's weapons programs while evading American sanctions. The civil forfeiture complaint targets funds connected to a broader scheme in which North Korean IT workers obtained illegal employment at U.S. and international companies using fraudulent identification documents, the department said in a press release on Thursday. The U.S. Department of Justice filed a complaint on Thursday seeking the forfeiture of over $7.74 million in cryptocurrency that North Korean IT workers allegedly laundered to fund the country's weapons programs while evading American sanctions. The civil forfeiture complaint targets funds connected to a broader scheme in which North Korean IT workers obtained illegal employment at U.S. and international companies using fraudulent identification documents, the department said in a press release on Thursday. Try unlimited access Only $1 for four weeks Unlimited access to all of NK News: reporting, investigations, analysis Year-one discount if you continue past $1 trial period The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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Justice Department seeks forfeiture of $7.74M in North Korean crypto laundering

Action targets seized funds connected to broader scheme that saw DPRK IT workers illegally obtaining employment in US

Shreyas Reddy June 6, 2025

Justice Department seeks forfeiture of $7.74M in North Korean crypto laundering

North Koreans using tablets and computers at the Pyongyang Sci-Tech Complex | Image: NK News (Oct. 2016)

The U.S. Department of Justice filed a complaint on Thursday seeking the forfeiture of over $7.74 million in cryptocurrency that North Korean IT workers allegedly laundered to fund the country's weapons programs while evading American sanctions.

The civil forfeiture complaint targets funds connected to a broader scheme in which North Korean IT workers obtained illegal employment at U.S. and international companies using fraudulent identification documents, the department said in a press release on Thursday.

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Justice Department seeks forfeiture of $7.74M in North Korean crypto laundering

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