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A U.S. court has ordered the seizure of approximately $210,000 in stablecoins related to North Korean IT labor

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LABUSDT--SEIUSDT--
According to the Korea Herald, a federal court in Washington, D.C. has ordered the seizure of a wallet asset involved in money laundering by North Korean overseas IT workers, including 158,123 USDC and 54,574 USDT, with a total value of approximately $212,700. The U.S. Department of Justice is seeking to confiscate a total of $7.74 million in North Korea-related cryptocurrency assets.

This content is for informational and educational purposes only and does not constitute investment advice related to BTCC. BTCC makes every effort but cannot guarantee the truthfulness, accuracy, or originality of the content above.