• Market Cap: $1,086,325,952,258.46
  • 24h Vol: $80,644,572,840.79
  • BTC Dominance: 45.83%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

US Justice Department seized $500K in fiat and crypto from hackers connected to DPRK government

Jon Hartney by Jon Hartney
July 19, 2022
in Bitcoin, Blockchain, Business, Market
0
US Justice Department seized $500K in fiat and crypto from hackers connected to DPRK government
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Deputy Attorney General Lisa Monaco said authorities relied on victims to report attacks “as soon as those crimes occur” to help recover funds.

The United States Department of Justice has seized and returned roughly $500,000 in fiat and crypto from a hacking group tied to the North Korean government, which included two crypto payments made by U.S. health care providers.

In a Tuesday announcement, the Justice Department said in conjunction with the FBI it had investigated a $100,000 ransomware payment in Bitcoin (BTC) from a Kansas hospital to a North Korean hacking group in order to regain access to its systems, as well as a $120,000 BTC payment from a medical provider in Colorado to one of the wallets connected to the aforementioned attack. In May, the FBI filed a seizure warrant for funds from the two ransom attacks and others laundered through China, which the Justice Department reported as worth roughly $500,000 total.

Related articles

Nigeria to tax crypto, digital assets 10% on capital gains: Experts react

Nigeria to tax crypto, digital assets 10% on capital gains: Experts react

June 10, 2023
Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC

Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC

June 10, 2023

“These sophisticated criminals are constantly pushing boundaries to search for ways to extort money from victims by forcing them to pay ramsons in order to regain control of their computer and record systems,” said Duston Slinkar, U.S. Attorney for the District of Kansas. “What these hackers don’t count on is the tenacity of the U.S. Justice Department in recovering and returning these funds to the rightful owners.”

U.S. Deputy Attorney General Lisa Monaco said in a speech for the International Conference on Cyber Security on Tuesday that authorities relied on victims from the private sector to report ransomware attacks and others “as soon as those crimes occur”:

“If you report that attack, if you report the ransom demand and payment, if you work with the FBI, we can take action; we can follow the money and get it back; we can help prevent the next attack, the next victim; and we can hold cybercriminals accountable. Those companies that work with us will see that we stand with them in the aftermath of an incident.”

Today, DAG Monaco and @FBI New York Assistant Director met with Fordham University students and leadership at @FordhamNYC’s International Conference on Cyber Security. #ICCS2022

Read her remarks here: https://t.co/l6MlgJU9mNhttps://t.co/l6MlgJU9mN pic.twitter.com/CYTH6WuNf1

— Justice Department (@TheJusticeDept) July 19, 2022

According to Monaco, the FBI and Justice Department traced the ransom payments through the blockchain in much the same way they found and seized more than $2 million in crypto following an attack on the Colonial Pipeline system in 2021. The Office of the Attorney General late announced the formation of a National Cryptocurrency Enforcement Team under the Justice Department, and a Virtual Asset Exploitation Unit under the FBI. Both teams were aimed at addressing cybercrimes used for “digital extortion” of funds, including crypto.

Related: US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions

Hacking groups connected to either North Korea and Russia have reportedly been responsible for many major ransomware and cyber attacks in the United States and globally. In April, the Treasury Department’s Office of Foreign Assets Control named North Korean cyber-criminal Lazarus Group as the entity behind a March 2022 hack of Ronin Bridge, in which more than $600 million in crypto assets were removed.

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Nigeria to tax crypto, digital assets 10% on capital gains: Experts react

Nigeria to tax crypto, digital assets 10% on capital gains: Experts react

by Jon Hartney
June 10, 2023
0

The Act aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets

Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC

Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC

by Jon Hartney
June 10, 2023
0

The CFTC highlighted that “critically, in a precedent-setting decision” the Ooki DAO was held in court as

Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts

Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts

by Jon Hartney
June 10, 2023
0

The group of scammers have recently taken over accounts belonging to the founder of Pudgy Penguins, the CTO of OpenAI

SEC charges against Binance and Coinbase are terrible for DeFi

SEC charges against Binance and Coinbase are terrible for DeFi

by Jon Hartney
June 10, 2023
0

The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance

Robinhood will end support for 3 tokens named in SEC lawsuits

Robinhood will end support for 3 tokens named in SEC lawsuits

by Jon Hartney
June 9, 2023
0

The company cited the SEC’s actions against Coinbase and Binance as reasons for the delisting, saying the lawsuits

Load More
  • Trending
  • Comments
  • Latest
NEXO risks 50% drop due to regulatory pressure and investor concerns

NEXO risks 50% drop due to regulatory pressure and investor concerns

September 30, 2022
51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

October 14, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

October 11, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
Nigeria to tax crypto, digital assets 10% on capital gains: Experts react

Nigeria to tax crypto, digital assets 10% on capital gains: Experts react

June 10, 2023
Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC

Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC

June 10, 2023
Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts

Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts

June 10, 2023
SEC charges against Binance and Coinbase are terrible for DeFi

SEC charges against Binance and Coinbase are terrible for DeFi

June 10, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Nigeria to tax crypto, digital assets 10% on capital gains: Experts react June 10, 2023
  • Ooki DAO to shut down after ‘precedent setting’ court battle with CFTC June 10, 2023
  • Scammers steal nearly $1M after hijacking 8+ prominent crypto twitter accounts June 10, 2023
  • SEC charges against Binance and Coinbase are terrible for DeFi June 10, 2023
  • Robinhood will end support for 3 tokens named in SEC lawsuits June 9, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$25,642.00-3.69%
  • ethereumEthereum(ETH)$1,738.07-5.73%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.11%
  • binancecoinBNB(BNB)$236.94-8.79%
  • usd-coinUSD Coin(USDC)$1.000.00%
  • rippleXRP(XRP)$0.494556-6.49%
  • staked-etherLido Staked Ether(STETH)$1,738.12-5.69%
  • cardanoCardano(ADA)$0.237652-24.79%
  • dogecoinDogecoin(DOGE)$0.059597-12.39%
  • tronTRON(TRX)$0.068346-12.19%
  • solanaSolana(SOL)$14.54-23.26%
  • litecoinLitecoin(LTC)$76.86-12.89%
  • polkadotPolkadot(DOT)$4.44-11.51%
  • matic-networkPolygon(MATIC)$0.57-27.44%
  • binance-usdBinance USD(BUSD)$1.00-0.03%
  • daiDai(DAI)$1.000.13%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$25,654.00-3.74%
  • avalanche-2Avalanche(AVAX)$11.41-17.84%
  • shiba-inuShiba Inu(SHIB)$0.000006-18.99%
  • leo-tokenLEO Token(LEO)$3.52-0.87%
  • uniswapUniswap(UNI)$3.94-14.34%
  • chainlinkChainlink(LINK)$5.03-15.85%
  • okbOKB(OKB)$41.54-7.64%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • moneroMonero(XMR)$136.48-4.50%
  • cosmosCosmos Hub(ATOM)$7.74-17.13%
  • stellarStellar(XLM)$0.081310-6.72%
  • ToncoinToncoin(TON)$1.47-12.59%
  • ethereum-classicEthereum Classic(ETC)$14.47-15.03%
  • true-usdTrueUSD(TUSD)$1.000.00%
  • bitcoin-cashBitcoin Cash(BCH)$100.30-9.61%
  • internet-computerInternet Computer(ICP)$3.77-10.39%
  • lido-daoLido DAO(LDO)$1.82-18.09%
  • quant-networkQuant(QNT)$102.89-6.30%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • filecoinFilecoin(FIL)$3.34-18.25%
  • hedera-hashgraphHedera(HBAR)$0.043548-11.09%
  • crypto-com-chainCronos(CRO)$0.051372-12.04%
  • ArbitrumArbitrum(ARB)$1.01-11.28%
  • AptosAptos(APT)$5.95-22.74%
  • nearNEAR Protocol(NEAR)$1.21-14.22%
  • vechainVeChain(VET)$0.014791-14.52%
  • paxos-standardPax Dollar(USDP)$1.00-0.04%
  • fraxFrax(FRAX)$1.000.03%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • BSCEXBSCEX(BSCX)$238.3567.30%
  • the-graphThe Graph(GRT)$0.095492-14.79%
  • rocket-poolRocket Pool(RPL)$43.94-7.76%
  • apecoinApeCoin(APE)$2.32-20.23%
  • Rocket Pool ETHRocket Pool ETH(RETH)$1,868.06-5.66%
  • algorandAlgorand(ALGO)$0.107031-14.11%
  • elrond-erd-2MultiversX(EGLD)$30.17-13.32%
  • render-tokenRender(RNDR)$2.07-9.66%
  • aaveAave(AAVE)$52.48-12.35%
  • usddUSDD(USDD)$1.000.03%
  • eosEOS(EOS)$0.67-24.78%
  • optimismOptimism(OP)$1.09-21.26%
  • the-sandboxThe Sandbox(SAND)$0.377740-21.82%
  • blockstackStacks(STX)$0.496839-21.19%
  • WhiteBIT TokenWhiteBIT Token(WBT)$4.72-2.06%
  • Bitget TokenBitget Token(BGB)$0.481448-1.56%
  • tezosTezos(XTZ)$0.71-15.05%
  • fantomFantom(FTM)$0.237483-19.47%
  • BitDAOBitDAO(BIT)$0.442313-7.71%
  • theta-tokenTheta Network(THETA)$0.64-16.59%
  • radixRadix(XRD)$0.061981-8.02%
  • CloutContractsCloutContracts(CCS)$52.461,000.00%
  • decentralandDecentraland(MANA)$0.335636-20.30%
  • kucoin-sharesKuCoin(KCS)$6.32-6.38%
  • immutable-xImmutableX(IMX)$0.60-17.41%
  • gemini-dollarGemini Dollar(GUSD)$1.00-0.07%
  • axie-infinityAxie Infinity(AXS)$4.89-21.34%
  • havvenSynthetix Network(SNX)$1.77-13.80%
  • curve-dao-tokenCurve DAO(CRV)$0.64-15.73%
  • makerMaker(MKR)$590.14-5.79%
  • neoNEO(NEO)$7.44-18.85%
  • flowFlow(FLOW)$0.50-19.57%
  • marumaruNFTmarumaruNFT(MARU)$0.24991121.40%
  • terra-lunaTerra Luna Classic(LUNC)$0.000087-11.33%
  • gatechain-tokenGate(GT)$3.64-11.40%
  • galaGALA(GALA)$0.020577-20.28%
  • bittorrentBitTorrent(BTT)$0.000001-3.14%
  • pax-goldPAX Gold(PAXG)$1,909.42-1.19%
  • tether-goldTether Gold(XAUT)$1,962.10-0.12%
  • xdce-crowd-saleXDC Network(XDC)$0.034599-3.31%
  • bitcoin-cash-svBitcoin SV(BSV)$24.61-18.56%
  • injective-protocolInjective(INJ)$5.93-15.70%
  • binaryxBinaryX(BNX)$165.90-5.97%
  • Tokenize XchangeTokenize Xchange(TKX)$5.72-6.98%
  • casper-networkCasper Network(CSPR)$0.041169-6.24%
  • compound-ethercETH(CETH)$34.93-5.74%
  • klay-tokenKlaytn(KLAY)$0.146274-11.31%
  • Halo CoinHalo Coin(HALO)$0.057345-0.05%
  • kavaKava(KAVA)$0.79-17.51%
  • huobi-tokenHuobi(HT)$2.67-6.81%
  • iotaIOTA(MIOTA)$0.151969-14.85%
  • PepePepe(PEPE)$0.000001-15.82%
  • compound-usd-coincUSDC(CUSDC)$0.0228830.08%
  • gmxGMX(GMX)$45.18-12.55%