The U.S. Department of Justice obtained court authority to seize or restrain more than $1.2 billion in cryptocurrency stolen by North Korea from Binance on October 29. The measure is part of a joint freeze exceeding $2.7 billion, covering roughly half of the assets stolen in an attack valued by authorities at more than $6 billion. The frozen funds have not yet been recovered, and final forfeiture will require further legal proceedings as the attackers continue moving them through cryptocurrency bridges, mixers and exchanges. Binance compensated users with company funds, while the FBI separately seized more than 900 videos used in FaceStealer, a deepfake impersonation campaign that stole more than $400 million in cryptocurrency over 18 months.
Source: Read the original article


