2025-12-25 09:50:02

A California cryptocurrency developer learned a hard lesson about remote hiring when he discovered something alarming: The freelance coder he paid wasn't who he thought. The salary intended for development work had actually been routed to North Korea.

It's a stark reminder of the risks lurking in the gig economy—especially when dealing with international payments and cryptocurrency transactions. Scammers can pose as legitimate contractors, routing funds through complex channels that end up funding operations in sanctioned jurisdictions.

This case highlights why due diligence matters in crypto payments. Verify contractor identities, use secure payment methods, and stay alert to red flags. The decentralized nature that makes crypto appealing can also make it a vehicle for bad actors.

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LayoffMiner

· 12h ago

Damn, this guy is really something. Giving money to North Korea is definitely next level.

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MoneyBurnerSociety

· 12h ago

I just remembered, why am I always using reverse indicators... This guy's money goes directly to North Korea, and my losses can at least be checked on the blockchain. No, this is just outrageous, the ultimate risk teaching scene for remote hiring. Contract auto-liquidation isn't this fast; the person is directly cut into the sanctions list. Now it's all good, his "How to Avoid Pitfalls" guide can be turned into a thesis... The new winner of the King of Negative Alpha. Basically, it's just poor due diligence. We professional leek farmers have long been used to this, it's just the difference in the amount lost.

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