The US Treasury Office of Foreign Assets Control (OFAC) has approved two individuals and two companies associated with North Korean IT activists schemes that work at the cost of American organizations.
These schemes include involving efficient technical activists with stolen or fabricated identity to American firms and using the so -called “laptop farm” to hide the right location of the employees.
The workers taught their earnings in the DPRK regime to fund the weapon program of the government. They often steal sensitive data or plant malware when their cover is blown up.
In the context of breaking on these works, American officials have Now approved Following individuals and companies:
- Vitali Sergeaivich Andrev – A Russian citizen, who has worked with DPRK officials since at least December 2024, to facilitate financial transfer that supports the Chinyang Information Technology Cooperation Company. He converted Cryptocurrency to approximately $ 600,000, providing material assistance to the DPRK foreign IT worker delegation working in Russia and Laos.
- Kim Anag Sun – A DPRK Economic and Business Consular Officer located in Russia, who collaborated with Andreave in the channel fund for the approved IT worker network. He has been nominated to work on behalf of the North Korea government regarding these revenue -generating activities.
- Shenyang Gempungri Network Technology Co., Ltd – A Chinese front company connected to Chinyong and DPRK made up of a delegation of IT workers. Since 2021, it has earned more than $ 1 million in profits for both Chinyong and Korea Sinjin Trading Corporation, helping DPRK’s weapon programs help the funnel illegal revenue.
- Korea sinjine trading corporation – A DPRK company is under the Ministry of the General Political Bureau of the Armed Forces of the people, which is already under US sanctions. It receives instructions from DPRK officials about the deployment of foreign IT workers and benefits from their earnings.
Blockchain Intelligence Firm Channelis also Published details On the bitcoin wallet of Andreyev, which was used as a deposit address on the mainstream exchange, which was for Londer income from DPRK IT workers.
Source: Channelis
The influence of these restrictions is a freeze on US-based assets for designated institutions, and all American citizens and businesses are banned from attaching to any transaction with them.
It extends as a preventive outside the US, as institutions are being approved or banned themselves if they choose to conduct transactions from nominated individuals and companies.
Ofac is rapidly targeting infrastructure and financial features that help to convert DPRK into usable funds.
Last July, US authorities approved, accused or accused a total of 20 individuals and eight companies in three separate waves (1, 2, 3) of enforcement.
The passwords broke in 46% of the atmosphere, almost doubled by 25% last year.
Picus Blue Report 2025 Now get a wider look at more conclusions on prevention, detection and data exfIs.
