DOJ seizes $1.2 billion in stolen Binance crypto and FaceStealer cloud infrastructure in North Korea crackdown

The DOJ said North Korean military hackers known as TraderTraitor stole more than $6 billion in virtual assets from Binance on or about Oct. 29. U.S. agencies and private sector partners have frozen more than $2.7 billion, with court authorization to seize or restrain in excess of $1.2 billion. Separately, the FBI seized cloud infrastructure behind the FaceStealer scheme, which stole more than $400 million in 18 months. FaceStealer targets crypto and Web3 workers and open-source developers via deepfake video meetings and malware, and the FBI seized over 900 victim webcam videos. The FBI urged VASPs to block TraderTraitor laundering addresses; recovery and laundering-tracing efforts are ongoing.

✨ AI summary of the linked source — not editorial content.

Explore the topic

• DOJ
• Seizure
• Crypto
• Binance