On May 23, the U.S. Treasury's Office of Foreign Assets Control (OFAC) sanctioned six crypto addresses belonging to North Korean national Kim Sang Man for his involvement in cybercrime and fraudulent IT job placements that generated revenue for North Korea's government and weapons programs. The sanctioned addresses include two Bitcoin, two Ethereum, one Tether, and one USDC address. OFAC also sanctioned four organizations related to Kim and the scheme, including the Chinyong Information Technology Cooperation Company. Binance separately announced that it helped the U.S. Treasury seize $4.4 million linked to involved individuals by taking action against the relevant accounts.
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