https://www.live-feeds.com/feed/us-sanctions-north-korean-network-accused-of-defrauding-businessesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/us-sanctions-north-korean-network-accused-of-defrauding-businesseshttps://www.live-feeds.com/feed/us-sanctions-north-korean-network-accused-of-defrauding-businesses#u171307Tue, 03 Nov 2026 07:31:18 +0000The US Treasury Department has imposed sanctions on a North Korean network accused of using IT workers to defraud US businesses and generate revenue for Pyongyang's weapons programs. The sanctions target 10 North Koreans and Russians involved in the scheme. This move is part of the US efforts to crack down on North Korea's illicit activities and amid stalled diplomatic talks.Why it mattersThe sanctions are part of the US efforts to pressure North Korea to abandon its nuclear and missile programs. The US, EU, and allies have urged North Korea to stop its provocative actions. North Kor