The U.S. Department of Justice is recovering money laundering encryption assets from North Korean IT remote workers, with the amount involved exceeding $7.74 million.

On June 8, the U.S. Department of Justice filed a civil forfeiture lawsuit against more than $7.74 million in crypto assets on June 5, accusing the North Korean government of circumventing U.S. sanctions and funding military programs by using a group of disguised IT workers to work remotely, get paid, and launder the stablecoins they receive and repatriate them back to North Korea. The cyber operation was coordinated by Sim Hyon Sop, a representative of the North Korean Foreign Trade Bank, and the FBI is conducting an ongoing investigation.