Author/Source: Andrew V. Diemer See the full link here
Takeaway
This article is about how the U.S. government is stopping North Korea from using fake IT workers to earn money for their weapons programs. You will learn how these workers pretend to be from other countries and how their earnings are traced and taken.
Technical Subject Understandability
Intermediate
Analogy/Comparison
This scheme is like a thief using a fake ID to get a job and funnel their paycheck back to a criminal organization to buy tools for their bad deeds.
Why It Matters
North Korea uses money from these schemes to fund its illegal weapons programs, which threaten global safety. For example, the Department of Justice seized around $3.3 million in cryptocurrency from these operations, preventing that money from supporting dangerous activities.
Related Terms
Cryptocurrency, sanctions, money laundering. Jargon Conversion: Cryptocurrency is a type of digital money that exists only online. Sanctions are official orders that limit trade or other dealings with a country as a form of punishment. Money laundering is the act of making illegally gained money appear to be from a legitimate source.


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