May 04, 2024
News

US court awards Otto Warmbier’s parents $2.2M in frozen North Korean funds

Money seized from Russian bank to be paid in line with ruling that family is owed $500M over student’s wrongful death

A U.S. court has ruled that some $2.2 million of North Korean funds seized from a Russian bank must be paid to the parents of Otto Warmbier, the American student who died shortly after his release from a lengthy detention in the DPRK.

The Southern District of New York approved Cindy and Fred Warmbier’s request to acquire the funds in line with a 2018 ruling that North Korea owes the Warmbiers over $500 million dollars in damages.

Become a member for less than $4 per week.

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.