April 20, 2025
Blockchain

US seizes $500,000 from North Korea-linked ransomware operators

  • July 20, 2022
  • 0

The US Department of Justice announced the seizure of approximately $500,000 paid to DPRK-linked ransomware operators. Justice Department Takes and Loses Nearly $500,000 from North Korean Ransomware Actors

US seizes 0,000 from North Korea-linked ransomware operators

US seizes $500,000 from North Korea-linked ransomware operators
US seizes $500,000 from North Korea-linked ransomware operators

The US Department of Justice announced the seizure of approximately $500,000 paid to DPRK-linked ransomware operators.

According to the report, the Federal Bureau of Investigation (FBI), in collaboration with the Department of Justice, has halted the activities of a hacker group linked to North Korea and behind the distribution of the Maui ransomware.

In May 2021, North Korean hackers used Maui to attack the servers of a medical center in Kansas County. To decrypt the data, the center paid the attackers about $100,000 in bitcoins.

Previously, Maui was practically unmonitored, but the FBI investigated and tracked down the cryptocurrency that was sent as ransom, thanks to the medical center’s objection.

In April 2022, the FBI uncovered another $120,000 transfer in bitcoin to cryptocurrency addresses associated with hackers. It turned out that it was carried out by a health organization in Colorado, which was attacked by Maui.

As a result, law enforcement identified hacker agents from China who helped the attackers launder the funds received and seized $500,000.

Some are bitcoin payments from Maui victims from medical institutions in Kansas and Colorado. US authorities say the funds will be returned to the victims.

Recall that Chainalysis calculated that in 2021 hackers from the DPRK carried out at least seven cyberattacks on cryptocurrency platforms, during which they stole about $400 million worth of digital assets.

According to Elliptic, North Korea-linked Lazarus hackers may be behind the attack on the Horizon cross-chain bridge, which resulted in the theft of nearly $100 million.

According to Reuters, North Korea lost millions of dollars stolen by hackers during the collapse of the cryptocurrency market.

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Source: Fork Log

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