#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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The U.S. Department of Justice seized $7.74 million in Crypto Assets related to North Korean IT personnel.
Gate News bot message, the U.S. Department of Justice (DOJ) announced on June 5 that it has filed a civil forfeiture lawsuit seeking to recover over 7.74 million dollars in Crypto Assets that flowed into North Korea through a carefully orchestrated global scheme.
Prosecutors stated that the funds came from North Korean IT workers who secretly worked for multiple companies (many of which are headquartered in the United States) using false identities and locations. These workers obtained remote positions using forged documents and were primarily compensated in digital assets such as USDC and USDT.
It is claimed that IT personnel used various means to cover up the source and destination of the Crypto Assets. These means include fictitious online accounts, fragmented transactions, cross-chain transfers, token swaps, purchasing NFTs, and online accounts set up in the United States to add a layer of legitimacy. Ultimately, prosecutors stated that the funds were transferred back to North Korea.
Source: Bitcoin.com