Geopolitics Alpha

U.S. Sanctions 10 Over North Korean IT Workers' Fake Hiring Scheme

Published . Updated .

U.S. Sanctions 10 Over North Korean IT Workers' Fake Hiring Scheme

The U.S. sanctioned 10 people and one entity over North Korean IT workers who used AI-made resumes and deepfakes to get hired abroad.

Directly affected

  • No company is named in this report.

Indirectly affected

  • QQQ Invesco QQQ-2.6% 30d

    Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • AIQ Global X Artificial Intelligence & Technology ETF-0.9% 19d

    Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • EWY iShares MSCI South Korea ETF-19.2% 30d

    iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korean”).

  • MSFT Microsoft+4.0% 30d

    Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • GOOGL Alphabet-21.2% 30d

    Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • AMZN Amazon.com-7.0% 30d

    Amazon.com (catalog and mail-order houses): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

  • META Meta Platforms-17.0% 30d

    Meta Platforms (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
QQQNo price data for this ticker———————
AIQNo price data for this ticker———————
EWY-0.14%+8.46%baseafter closeafter closeafter closeafter close
MSFTNo price data for this ticker———————
GOOGLNo price data for this ticker———————
AMZNNo price data for this ticker———————
METANo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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U.S. Sanctions 10 Over North Korean IT Workers' Fake Hiring Scheme Seoul Economic Daily

Source: Seoul Economic Daily

Price since this story was published: Ishares Msci South Korea Etf (EWY)

CompanyWhenMoveStatus
Ishares Msci South Korea Etf (EWY)three days earlier+8.46%final price
Ishares Msci South Korea Etf (EWY)five days earlier-0.14%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Msci South Korea Etf (EWY)

Companies carried with this story

  • EWY Ishares Msci South Korea Etf

    In “U.S. Sanctions 10 Over North Korean IT Workers' Fake Hiring Scheme,” Ishares Msci South Korea Etf (EWY) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korean”)

  • KB KB Financial Group

    KB Financial Group (KB) is linked, with no stored direction, medium confidence in the 31 Oct 2026 story “U.S. Sanctions 10 Over North Korean IT Workers' Fake Hiring Scheme.” Reason on file: KB Financial Group (commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korean”) reaches its shares

  • SHG Shinhan Financial Group

    In “U.S. Sanctions 10 Over North Korean IT Workers' Fake Hiring Scheme,” Shinhan Financial Group (SHG) is linked, with no stored direction, medium confidence. Reason on file: Shinhan Financial Group (national commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korean”) reaches its shares

  • PKX Posco Holdings

    For “U.S. Sanctions 10 Over North Korean IT Workers' Fake Hiring Scheme,” Posco Holdings (PKX) is linked, with no stored direction, medium confidence. Reason on file: POSCO Holdings (steel works, blast furnaces and rolling mills (coke ovens)) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korean”) reaches its shares

Ishares Msci South Korea Etf (EWY)

The 31 Oct 2026 story “U.S. Sanctions 10 Over North Korean IT Workers' Fake Hiring Scheme” names Ishares Msci South Korea Etf (EWY) because of this story.

The link for Ishares Msci South Korea Etf (EWY) is this: iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korean”)

A second company, KB Financial Group (KB), is listed for a different reason: KB Financial Group (commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korean”) reaches its shares

Price levels for Ishares Msci South Korea Etf (EWY)

EWY traded between 148.30 and 192.47 across 20 sessions. The latest close on file is 152.92. KB traded between 121.17 and 131.81 across 4 sessions. The latest close on file is 122.06.

What the saved facts support for Ishares Msci South Korea Etf (EWY)

33 out of 100

“U.S. Sanctions 10 Over North Korean IT Workers' Fake Hiring Scheme” scores 33 out of 100. The score uses 1 sources, and 4 linked companies.