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US Sanctions Two Russians Over North Korean IT Workers’ Crypto Cash-Outs

CryptoPotato·October 31, 2026·1 min read
US Sanctions Two Russians Over North Korean IT Workers’ Crypto Cash-Outs

The US sanctioned two Russians over their role in cashing out crypto for North Korean IT workers. The UN estimates the scheme generates $250 million to $600 million annually for North Korea. The action targets the cash-out stage of the operation, aiming to disrupt the funding flow.

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