Skip to main content

Korea extradites Russian, Vietnamese suspects linked to $16M ransomware scheme

posted onNovember 19, 2024
by l33tdawg
Korea JoongAng Daily
Credit: Korea JoongAng Daily

One Russian and one Vietnamese suspect were recently extradited to the United States after being apprehended in Korea earlier this year, the justice ministry said Tuesday.

The Russian is under investigation by U.S. authorities on suspicions of using ransomware to encrypt data at multiple U.S. companies and then extorting $16 million worth of bitcoin in exchange for its decryption.  

The Vietnamese, meanwhile, is also under U.S. investigation on suspicions of concealing $67 million worth of criminal proceeds in a bank account under the name of a U.S.-based media group. The ministry said it tracked the suspects after receiving a court warrant following a request for their arrest from the U.S. government in May. 

Source

Tags

Industry News

You May Also Like

Recent News

Friday, November 29th

Tuesday, November 19th

Friday, November 8th

Friday, November 1st

Tuesday, July 9th

Wednesday, July 3rd

Friday, June 28th

Thursday, June 27th

Thursday, June 13th

Wednesday, June 12th

Tuesday, June 11th