US court filing via CourtListener RECAP: United States v. VIRTUAL CURRENCY ASSOCIATED WITH NORTH KOREAN IT WORKER MONEY LAUNDERING AND SANCTIONS EVASION CONSPIRACIES
North Korean IT worker ("Alex Hong") employed by DeFi Company 2, based in the U.S., to create a DApp
According to blockchain analysis and records from Binance.US, DeFi Company 2, which is based in the U.S., sent funds to one of the IT Worker Payment Addresses that eventually transferred funds to KIM's Binance Accounts. According to DeFi Company 2's founder, those funds were payment to an individual named Alex Hong ("Hong"), who was hired to create a decentralized application (DApp) for DeFi Company 2. [Case No. 1:25-cv-01769, U.S. District Court for the District of Columbia; filing: COMPLAINT FOR FORFEITURE IN REM against VIRTUAL CURRENCY ASSOCIATED WITH NORTH KOREAN IT WORKER MONEY LAUNDERING AND SAN]