Detectives Recover $500,000 Crypto Ransom Paid to North Korea After U.S. Hospital Attacked | CoinMarketCap

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Detectives Recover $500,000 Crypto Ransom Paid to North Korea After U.S. Hospital Attacked | CoinMarketCap
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U.S. detectives have managed to recover over $500,000 in crypto that was paid to North Korean hackers following ransomware attacks. 🧐

"Following the crypto breadcrumbs, the FBI identified China-based money launderers — the type who regularly assist North Koreans in 'cashing out' ransom payments into fiat currency."

North Korea has been accused of orchestrating a number of ransomware attacks against medical facilities — and it's believed that the cryptocurrencies raised are subsequently used to fund the isolated state's nuclear weapons program. "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."

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