US moves to seize $1.2 billion in crypto stolen in North Korea-linked Binance hack
HACKBinancecoinbrief/daily · 5 sources
- Severity
- High
- Sources
- 5
What happened
The US Department of Justice has secured court authorisation targeting more than $1.2 billion of crypto stolen from Binance, which it attributes to North Korea-linked hackers. Around $2.7 billion in related funds has been frozen by Tether, Ripple, Circle, World Liberty Financial and Arbitrum, and the DOJ also seized cloud infrastructure and 900 webcam videos tied to the separate FaceStealer scheme, which reportedly stole over $400 million in 18 months. North Korea has denied any involvement, with Kim Yo Jong calling the allegations a political provocation.
For IT people · Written by AI from 5 sources · Wrong?
What to do
- Be wary of video calls that suddenly ask you to download a "fix" file, a tactic reported in the FaceStealer scheme.
- Watch for further court proceedings on the seizure of the $1.2 billion in stolen Binance funds.
Written by AI from the sources, checked against them
Full story timeline · 5 updates
- Thu 12 NovemberNorth Korea's Binance hack faces U.S. crackdown as DOJ targets $1.2 billion in stolen cryptoCoinDesk
- Fri 13 NovemberDOJ moves to seize $1.2B from Binance hack, disrupts FaceStealer scamCointelegraph
- US seizes $1.2 billion frozen after North Korean Binance hackProtos
- Sat 14 NovemberMeta tests prediction-market app, DOJ moves to seize $1.2 billion from Binance hack, and moreThe Block
- Sun 15 NovemberDOJ Secures Court Approval Targeting $1.2B in Stolen Binance CryptoBitcoin.com News
Who reported · 5 outlets
CoinDeskCointelegraphProtosThe BlockBitcoin.com News
Who and what is in it
Government agencies