Thursday, July 31, 2025

U.S. Offers $10 Million Reward for Info on North Korean Hacker!

RFJ Twitter

The U.S. State Department announced that North Korean hacker Lim Jong Hyuk, associated with the North Korean hacking group Andariel, is wanted.

On the 25th, the AP News reported that the Kansas federal prosecutor indicted North Korean hacker Lim Jong Hyuk through a grand jury.

It is believed that Lim is currently in North Korea, and the State Department has offered a $10 million bounty for any information regarding his whereabouts.

Lim is accused of being involved in cyberattacks by the North Korean hacking group on 17 organizations across 11 U.S states., including health insurance companies, NASA, and Air Force bases.

U.S. federal prosecutor investigation revealed that over three months, more than 17 gigabytes of classified data were stolen from NASA’s computer systems. Also, 30 gigabytes of aviation-related information were extracted from defense contractors’ computer systems in Michigan, California, and Air Force bases in Texas and Georgia.

Moreover, a hospital reported to the police after paying $100,000 worth of Bitcoin as a cyberattack leaked patient information. A health insurance company in Colorado also paid a ransom following a ransomware attack.

Prosecutors believe Lim hired money launderers to clean illegal funds, which he then used to set up computer servers to launch cyberattacks against global defense, technology, and government institutions.

On that day, the U.S. State Department announced the offer of up to $10 million under the Rewards for Justice program for providing information on Lim Jong Hyuk.

The State Department stated that they would reward up to $10 million for information about the identification or location of individuals conducting malicious cyber activities against critical U.S. infrastructure under the direction or control of a foreign government.

Hot this week

U.S. Hits Chinese Graphite With 93% Tariff—Your Next EV Just Got Pricier

The U.S. imposes a 93.5% tariff on Chinese graphite, risking a $1,000 increase in EV prices as tax credits end and production costs rise.

Crypto Boom: XRP Soars After Congress Passes Stablecoin Bill

The Stablecoin Act has passed Congress, boosting crypto markets, with XRP hitting a new all-time high and regulatory clarity for stablecoins.

Market Panic? Rich Investors Saw a Bargain, Morgan Stanley Says

Morgan Stanley's profits surged as wealthy clients bought stocks during a market downturn, driven by Trump's tariff announcement.

Oil Prices Keep Dropping as Trade Fears Grow

Oil prices fell for the third consecutive day due to rising U.S. gasoline inventories and trade tensions impacting global demand.

Tesla and BYD Battle for Japan’s Electric Car Crown: Who Will Win?

Tesla and BYD aggressively expand in Japan's EV market, aiming to challenge local automakers amidst low EV adoption rates.

Topics

U.S. Hits Chinese Graphite With 93% Tariff—Your Next EV Just Got Pricier

The U.S. imposes a 93.5% tariff on Chinese graphite, risking a $1,000 increase in EV prices as tax credits end and production costs rise.

Crypto Boom: XRP Soars After Congress Passes Stablecoin Bill

The Stablecoin Act has passed Congress, boosting crypto markets, with XRP hitting a new all-time high and regulatory clarity for stablecoins.

Market Panic? Rich Investors Saw a Bargain, Morgan Stanley Says

Morgan Stanley's profits surged as wealthy clients bought stocks during a market downturn, driven by Trump's tariff announcement.

Oil Prices Keep Dropping as Trade Fears Grow

Oil prices fell for the third consecutive day due to rising U.S. gasoline inventories and trade tensions impacting global demand.

Tesla and BYD Battle for Japan’s Electric Car Crown: Who Will Win?

Tesla and BYD aggressively expand in Japan's EV market, aiming to challenge local automakers amidst low EV adoption rates.

Nvidia Stock Surges Past $170 After U.S. Clears China Chip Exports

Nvidia's stock surged over 4% after the Trump administration lifted export restrictions on H20 semiconductors to China.

Army’s New Shaving Rule Could Push Out Thousands of Black Soldiers

The U.S. Army's new shaving policy may disproportionately impact Black soldiers with shaving difficulties, raising concerns over its fairness.

Trump Slams Fed Chair Again, Demands Rates Below 1%

Trump criticizes Fed Chair Powell, insists interest rates should drop below 1%, claiming the economy is strong and inflation is nonexistent.

Related Articles