DOJ moves to seize $1.2B from Binance hack, disrupts FaceStealer scam
The US Department of Justice obtained court authorization to seize or restrain more than $1.2 billion in cryptocurrency stolen from Binance. Authorities and private-sector partners have frozen over $2.7 billion of the $6.3 billion haul, while efforts to recover more continue. The FBI blamed North Korea’s TraderTraitor group; North Korea denied involvement. Binance said it covered customer losses and reported one-to-one reserves. In a separate case, US authorities seized infrastructure used in FaceStealer, a North Korean campaign that allegedly stole more than $400 million in crypto over 18 months. The group used AI-generated deepfake video calls and malware to target crypto workers and open-source developers. The FBI seized more than 900 victim webcam videos and issued security guidance.
