The U.S. Department of Justice obtained court approval to seize $1.2 billion stolen from Binance by the North Korean group TraderTraitor. The funds were stolen in 2022 before Binance transferred them to another cryptocurrency company. Authorities also dismantled the FaceStealer scam network, which used deepfakes to impersonate North Korean officials. The operation targeted funds and infrastructure linked to North Korean illicit activity.
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