Regulation· ★★★· neutral·

Australia sanctions North Korean cyber operators over fake IT worker scheme

  • —Sanctions target two North Korean individuals and entities
  • —Measure tied to fake IT workers and cybercrime operations
  • —Canberra says proceeds fund nuclear and missile programs
  • —Analysts estimate North Korean cyber income in the billions
Why it matters: The sanctions widen pressure on North Korea's funding schemes, which are often linked to cryptocurrency theft.
Source: DiarioBitcoin