The U.S. Department of Justice obtained court approval to seize more than $1.2 billion in cryptocurrency stolen during the Binance hack, which was estimated at $6.34 billion. Authorities also said they had frozen a total of $2.7 billion and are continuing efforts to return the stolen funds. These actions form part of a crackdown on cryptocurrency operations attributed to North Korea, including the FaceStealer scheme. It combined social engineering, fake video conferences and malicious software to target cryptocurrency holders and open-source developers, resulting in more than $400 million being stolen. The Justice Department also seized the cloud infrastructure used in the operation.
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