PANews reported on March 13 that, according to the U.S. Treasury Department, OFAC announced sanctions against six individuals and two entities, accusing them of participating in a North Korean government-led overseas IT labor program. They allegedly used false identities and forged documents to obtain remote jobs at U.S. and allied companies, and that these activities generated nearly $800 million in revenue for North Korea's weapons of mass destruction program in 2024. The sanctioned individuals include Nguyen Quang Viet, head of North Korea's Amnokgang Technology Development Company and its Vietnamese partner, Quangvietdnbg International Services Company Limited. These individuals and companies are accused of helping North Korean IT workers launder money, converting millions of dollars into cryptocurrency, and procuring foreign exchange and technology for the North Korean regime. Under the executive order, all assets of the designated individuals within U.S. jurisdiction will be frozen, transactions between U.S. individuals and these entities are prohibited, and foreign financial institutions providing significant financial services to them may face secondary sanctions.