US Treasury Sanctions Russian National and Entities Supporting North Korean IT Worker Scheme
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US Treasury Sanctions Russian National and Entities Supporting North Korean IT Worker Scheme
On August 27, 2025, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against a network of individuals and entities supporting North Korean overseas IT worker operations. Russian national Vitaliy Sergeyevich Andreyev was designated for facilitating payments to Chinyong Information Technology Cooperation Company, an organization previously sanctioned by the US and linked to the DPRK Defence Ministry, which employs IT workers in Russia and Laos. According to the Treasury Department, Andreyev has worked closely with Kim Ung Sun to convert over USD 600,000 in cryptocurrency into US dollars since at least December 2024.
The designation also included two companies that helped facilitate financial flows for the Chinyong network:
- Shenyang Geumpungri Network Technology Co., Ltd. — a front company in China supporting Chinyong’s operations
- Korea Sinjin Trading Corporation, a DPRK entity subordinate to the Ministry …
On August 27, 2025, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against a network of individuals and entities supporting North Korean overseas IT worker operations. Russian national Vitaliy Sergeyevich Andreyev was designated for facilitating payments to Chinyong Information Technology Cooperation Company, an organization previously sanctioned by the US and linked to the DPRK Defence Ministry, which employs IT workers in Russia and Laos. According to the Treasury Department, Andreyev has worked closely with Kim Ung Sun to convert over USD 600,000 in cryptocurrency into US dollars since at least December 2024.
The designation also included two companies that helped facilitate financial flows for the Chinyong network:
- Shenyang Geumpungri Network Technology Co., Ltd. — a front company in China supporting Chinyong’s operations
- Korea Sinjin Trading Corporation, a DPRK entity subordinate to the Ministry …