U.S. sanctions 2 entities, 6 individuals over raising money for North Korea

WASHINGTON - The United States on Thursday imposed sanctions on two companies and six individuals for their roles in operations that used information technology workers in foreign countries to raise money for North Korea.

The Treasury Department said the schemes, orchestrated by the North Korean government, had systematically defrauded U.S. businesses and generated revenue to fund North Korea's weapons programs, including nearly $800 million in 2024.