WiretechnologyDextape brief
U.S. OFAC Sanctions Individuals and Entities Linked to DPRK IT Worker Networks
Recently, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the designation of 10 individuals and one entity. According to the U.S. Department of the Treasury, these targets were involved in facilitating overseas IT worker networks operated by the North Korean government.
Dextape brief
The U.S. Treasury's Office of Foreign Assets Control has sanctioned ten individuals and one entity accused of supporting overseas IT worker networks tied to North Korea. According to the Treasury, those named used false identities to win jobs abroad and passed their earnings to the North Korean state. SlowMist's MistTrack tool found observable links among the eight Ethereum and TRON addresses on the sanctions list, with several sending funds to one shared exchange deposit address. One Ethereum address is attributed to both Boykov and Obertas. The Treasury attributes nearly $2 million in crypto conversions to Obertas and about $3.5 million in exchanges to Boykov, while one named entity is said to have generated over $750,000 since 2025.
Why it matters: It shows how sanctioned networks moved crypto through shared exchange deposit addresses, giving investigators on-chain evidence linking listed wallets to one another.
Read the full story
Mentioned in this story
Open a coin page for its current price.