North Korean nationals wanted in cryptocurrency embezzlement scheme; $5M reward

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Federal prosecutors have charged four North Korean nationals in a cryptocurrency embezzlement scheme that targeted companies in Georgia and Serbia, allegedly funneling more than $900,000 in stolen digital assets back to the North Korean regime to support weapons development and evade international sanctions.

A five-count indictment unsealed Monday in the Northern District of Georgia names Kim Kwang Jin, Kang Tae Bok, Jong Pong Ju, and Chang Nam Il as defendants in the case, accusing them of wire fraud and money laundering. The group allegedly posed as remote IT workers using…

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