Multilateral Sanctions Monitoring Team (MSMT) report, 22 Oct 2025
Japan case 1: individuals assisting North Korean IT workers · 2014
(MSMT/2025/2, report p. 90) “Japan has investigated several cases involving individuals assisting North Korean IT workers in Japan, including: Case 1 (2014): A suspect, in conspiracy with representatives of North Korean IT companies located in China, as a business, operated a financial instruments business by concluding contracts with acquaintances to delegate the necessary authority for Forex trading, without obtaining registration ... obtained profits of approximately 40 million Japanese yen (JPY, approximately $286,000) through Forex trading, using software developed by the company, which enabled the company to operate computers located in Japan remotely.” (yen-dollar conversions are the report’s own, footnote 288: “Calculated at $1 = 140 JPY”)