US sanctions N. Korean network accused of defrauding businesses
The United States imposed sanctions on Wednesday to target what the Treasury Department said were North Korean government-run schemes that use IT workers to defraud U.S. businesses and generate revenue for Pyongyang's weapons programs. The Treasury Department said the schemes involve North Korean IT workers fraudulently gaining employment with companies in the United States and elsewhere, and…
The United States has imposed sanctions on North Korean government-run schemes that utilize IT workers to defraud U.S. businesses, thereby funding Pyongyang's weapons programs. According to the Treasury Department, these networks operate through the global financial system, requiring a coordinated response to counter the threat.
Australia and the European Union have also imposed related sanctions this month. Despite President Trump's eagerness to resume talks with North Korea, Pyongyang has shown little interest in diplomatic efforts to curb its nuclear program.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
