Topic: sanctions evasion

  • Ukrainians Sue US Chipmakers for Aiding Russian War Machine

    Ukrainians Sue US Chipmakers for Aiding Russian War Machine

    Ukrainian civilians are suing U.S. semiconductor firms Texas Instruments, AMD, and Intel in Texas courts, alleging the companies negligently allowed their chips to circumvent export controls and power Russian and Iranian weapons used in deadly attacks. The lawsuits claim these corporations priori...

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  • Five Men Admit Plot to Infiltrate US Firms for North Korea

    Five Men Admit Plot to Infiltrate US Firms for North Korea

    Five individuals pleaded guilty for helping North Korean IT workers infiltrate over 100 U.S. companies by bypassing hiring checks and facilitating remote work under false identities, generating millions in fraudulent salaries. The schemes involved U.S. citizens and others providing their identiti...

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  • US Sanctions North Korean Bankers Over Cybercrime and IT Fraud

    US Sanctions North Korean Bankers Over Cybercrime and IT Fraud

    The U.S. imposed sanctions on two banks and eight individuals for laundering funds from North Korean cybercrime and fraudulent IT worker schemes, targeting millions in stolen cryptocurrency and sanctions evasion. North Korean IT workers use forged identities to secure global contracts, generating...

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  • North Korean Hackers Now Target Architecture Firms

    North Korean Hackers Now Target Architecture Firms

    North Korean IT workers have long infiltrated Western tech firms, generating billions for their government, and have recently expanded into architecture and civil engineering, posing as freelancers. These operatives produced detailed architectural plans for U.S. projects and used or created offic...

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  • EU Age-Verification App Hacked in 2 Minutes

    EU Age-Verification App Hacked in 2 Minutes

    The European Commission's new age-verification app was quickly compromised by security researchers, revealing critical flaws that could allow attackers to hijack user profiles. Major data breaches were reported this week, affecting millions of customers at companies like Basic-Fit and Booking.com...

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  • US Treasury Sanctions Entities in Illegal IT Worker Scheme

    US Treasury Sanctions Entities in Illegal IT Worker Scheme

    The US Treasury sanctioned two individuals and four companies for facilitating illegal IT work by North Koreans, who used fake identities to secure remote jobs and funnel earnings to Pyongyang. Key figures include North Korean operative Song Kum Hyok, who orchestrated identity theft, and Russian ...

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  • State Actors Launder Billions in Record Crypto Crime Surge

    State Actors Launder Billions in Record Crypto Crime Surge

    Illicit cryptocurrency activity surged to a record $154 billion in 2025, a 162% annual increase, driven by sophisticated criminal networks and state actors leveraging blockchain technology. Stablecoins dominated illicit transactions at 84% of the volume, with state-linked actors like North Korean...

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