Chainalysis Traces North Korean Crypto Cash-Outs Through Garantex
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Chainalysis mapped Russian intermediaries who converted millions in cryptocurrency for North Korean IT workers. OFAC sanctioned 10 people and one entity; Ilya Aleksandrovich Boykov handled about $3.5 million since 2024, while Vitold Viktorovich Obertas converted nearly $2 million since January 2025.
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