North Korea Stole $400 Million in Crypto Using Deepfake Video Calls, DOJ Says

North Korea Stole $400 Million in Crypto Using Deepfake Video Calls, DOJ Says

Summary

The U.S. Justice Department said North Korean hackers stole more than $400 million in cryptocurrency over 18 months through “FaceStealer,” a social-engineering operation using prerecorded webcam footage, AI deepfakes and malware links. Authorities seized infrastructure connected to the scheme and the FBI recovered more than 900 victim recordings. The DOJ also said it has court authorization to seize or restrain more than $1.2 billion of funds stolen in the $6.4 billion Binance hack, with over $2.7 billion frozen so far. The FBI attributed the theft to North Korea’s TraderTraitor group; efforts to trace and recover the funds continue.