Add as a preferred source on GoogleCourt Authorizes Seizure or Freeze of More Than $1.2B in Stolen Binance Crypto
The Justice Department also seized cloud infrastructure used by FaceStealer, a separate campaign responsible for more than $400 million in crypto theft over 18 months. More than $2.7 billion tied to the Binance theft …
The Justice Department secured court authorization to seize or freeze more than $1.2 billion in cryptocurrency it says was stolen from Binance and seized cloud infrastructure it ties to a separate North Korean social-engineering campaign.
More than $2.7 billion connected to the Binance theft had been frozen.
TraderTraitor is a North Korean military hacking group. TraderTraitor stole more than $6 billion from Binance around Oct. 29.
FaceStealer is a separate campaign. Operators used accounts stolen from earlier victims to invite targets to video meetings, then relied on recordings or deepfake videos and fake technical problems to prompt malware installation. The campaign caused more than $400 million in crypto theft over 18 months and targeted open-source software maintainers.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.