U.S. DOJ seizes $1.2B in crypto stolen from Binance by North Korea-linked hackers

Briefing by News4U · First published

The U.S. Department of Justice obtained court authorization to seize or restrain more than $1.2 billion stolen in the October 29 Binance heist attributed to North Korea-linked TraderTraitor, and to take down cloud infrastructure used in the FaceStealer social-engineering scheme that has stolen over $400 million in the past 18 months, the FBI said Thursday. [1] [2]

Sources

  1. North Korea's Binance hack faces U.S. crackdown as DOJ targets $1.2 billion in stolen crypto

    CoinDesk · · Summary only

  2. DOJ takes aim at $1.2B in Binance loot as FBI disrupts North Korean scam

    The Register · · Excerpt

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