Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
    ExclusiveShow More
    Binance Account Rental Scam: How Fraudsters Lure Crypto Users with Promises of Easy Money
    Binance Account Rental Scam: How Fraudsters Lure Crypto Users with Promises of Easy Money
    80% of Major SpaceX Investors Deal With Crypto
    80% of Major SpaceX Investors Deal With Crypto
    SEC Cancels Crypto Meeting Why Rulemaking Just Hit Another Wall
    SEC Cancels Crypto Meeting: Why Rulemaking Just Hit Another Wall
    Internet Computer (ICP) Tops Blockchain Transactions Chart: Here’s What It's Actually Doing
    Internet Computer (ICP) Tops Blockchain Transactions Chart: Here’s What It’s Actually Doing
    Ethereum’s Staking War Why EIP-8361 Has DeFi Leaders Fighting Back
    Ethereum’s Staking War: Why EIP-8361 Has DeFi Leaders Fighting Back
  • Opinion
    OpinionShow More
    The Architecture of Trust Same Routes, New Risks in Global Tokenisation
    The Architecture of Trust: Same Routes, New Risks in Global Tokenisation
    The Architecture of Trust What 4,000 Years of Trade Teach Us About RWA Tokenisation
    The Architecture of Trust: What 4,000 Years of Trade Teach Us About RWA Tokenisation
    One P2P Trade, Months of Limbo Why Innocent Indian Crypto Users Keep Paying the Price
    One P2P Trade, Months of Limbo: Why Innocent Indian Crypto Users Keep Paying the Price
    CLARITY Act The Bill Exists, the Deal Does Not, Trump Has to Wait
    CLARITY Act: The Bill Exists, the Deal Does Not, Trump Has to Wait
    The Execution Gap: Why the Next Breakthrough in Financial AI is Human Behavior
    The Execution Gap: Why the Next Breakthrough in Financial AI is Human Behavior
  • Learn
    • Explained
    • How To
    • Insights
  • Videos
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Videos
  • Glossary
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Market News

US DoJ Freezes $500k along with Crypto Extorted from N Korean Hackers

North Korean regime-sponsored hackers stole this fund from the attack on US health care organizations.

Written By Rajpalsinh
Published 2022-07-20·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
US DoJ Freezes $500k along with Crypto Extorted from N Korean Hackers

The U.S DoJ has freezed around half a million dollars along with crypto that North Korean state-sponsored hackers either gained from the attack on US health care organizations or used to launder ransom payments, according to Deputy Attorney General Lisa Monaco.

Justice Department Seizes and Forfeits Approximately $500,000 from North Korean Ransomware Actors and their Conspirators

Two Ransom Payments Made by U.S. Health Care Providers Recovered by Law Enforcement Will Be Returned to Victimshttps://t.co/AI1HDmFJF7

— U.S. Department of Justice (@TheJusticeDept) July 19, 2022

The freezed funds include ransoms paid by health care providers in Kansas and Colorado.

North Korean hackers have intensified the ransomware attacks, who mainly perform these attacks for their dictatorship regime or for their own interest. Among these attacks, they have executed some attacks on health services at the organizations for “prolonged periods”. 

However, Monaco praised the anonymous Kansas-based organization for informing the FBI about the incident and asked other organizations to do the same to provide extra hands to the bureau to break the chain of ransomware.

The seizures are activated by investments that the FBI, Secret Service, and Treasury Department trace in the crypto payments to cybercriminal groups, including payments that might violate US sanctions. 

Earlier this year, the FBI formed a team of crypto intellectuals dedicated to blockchain analysis and seizing digital money. The U.S is actively working to return money to victims of ransomware attacks.

Also Read: Department of Justice to Launch National Crypto Enforcement Team

Last year, North Korean hackers launched an attack on a medical center in Kansas and another medical facility in Colorado, Monaco said in a speech at Fordham University in New York. She stated that U.S authorities initiated the process to return stolen funds to victims who suffered from cyberattacks.

There are numerous businesses and governments out there, which have paid ransom to attackers after getting compromised in the attack. Most of them have not reported such mishaps to authorities.

US cybersecurity experts have earlier stated that they are only aware of a small portion of the ransomware extortions of businesses and local governments.

Now, the US Justice Department is expecting that their call for voluntary cooperation from victims with the new legal parameters will deliver a broad picture of ransomware groups accountable for attacks on the U.S ecosystem.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News

TAGGED:Crypto HackNorth KoreaUnited States
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link

Latest News

Ethereum Rally to $2100 Adds $1.1B to Tom Lee-Led BitMine
Ethereum Rally to $2100 Adds $1.1B to Tom Lee-Led BitMine
Ripple XRP Price Jump 10% To $1.10 Why is Token Up Today
Ripple XRP Price Jump 10% To $1.10: Why is Token Up Today?
Grayscale Says New SEC Rules Could Spark a U.S. Token Boom
Grayscale Says New SEC Rules Could Spark a U.S. Token Boom
CFTC Innovation Meeting Draws Focus After White House Crypto Talks
CFTC Innovation Meeting Draws Focus After White House Crypto Talks
NAKA, ABTC Lead Crypto Stocks Higher as Bitcoin Reclaims $68K
NAKA, ABTC Lead Crypto Stocks Higher as Bitcoin Reclaims $68K

Find Us on Socials

You may also like

Trump Urges Congress to Pass CLARITY Act at White House Meeting

Trump Urges Congress to Pass CLARITY Act at White House Meeting

Strategy Stock (MSTR) Jumps 12% as Bitcoin Reclaims $68K

Strategy Stock (MSTR) Jumps 12% as Bitcoin Reclaims $68K

Coinbase Stock Jumps 11% as Derivatives Expansion Gains Attention

Coinbase Stock Jumps 11% as Derivatives Expansion Gains Attention

Bitcoin, Ethereum Surge as Crypto Liquidations Reach $1.91 Billion

Bitcoin, Ethereum Surge as Crypto Liquidations Reach $1.91 Billion

The Crypto Times Logo PNG

Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

Stay Updated

All News
Exclusive
Opinions
Learn
Videos
Glossary

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy

Get In Touch

Contact Us
Career

Find Us on Socials

X-twitter Linkedin Telegram Youtube Instagram

© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information