# DOJ Gets Court Authority to Seize or Restrict $1.2 Billion in Binance Hack Funds

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/56064
Published: 2026-11-12T23:56:00.000Z
Updated: 2026-11-12T23:56:00.000Z
Section: Regulation

> Tether and Circle froze $2.7 billion tied to the Oct. 29 attack, which the Justice Department attributed to North Korean hackers.

The U.S. Department of Justice has court authorization to seize or restrict transfers of $1.2 billion tied to the Binance hack, covering part of the funds frozen after the theft. The department attributed the Oct. 29 attack to North Korean hackers and put losses at about $6.3 billion.

Tether and Circle froze $2.7 billion connected to the case. The $1.2 billion covered by the authorization is a portion of that larger frozen balance.

U.S. law enforcement is continuing to track the rest of the stolen assets. The attackers have tried to launder funds through cross-chain bridges, mixers and cryptocurrency exchanges. In the first week after the attack, they used more than 20,000 wallet addresses to make at least 65,000 transactions.

Binance has fully replenished the stolen assets using its profits and emergency funds. The court authorization adds a legal measure to efforts to restrict movement of funds, while investigators continue tracing the balance.