Kim Hyo Dong

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Treasury sanctions North Korean and Russian facilitators of IT worker fraud

Designated by OFAC on October 28, 2026

The Treasury Department's Office of Foreign Assets Control blocked the US assets of ten people and one company on October 28. Treasury says they staffed and financed North Korea's information technology worker scheme, which places fake employees in US companies and sends most of their pay to Pyongyang's weapons programs.

Updated Nov 1