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CryptoUpdated Yesterday

US courts authorize seizure of over $1.2 billion stolen from Binance

CyberScoop reported that US courts authorized the seizure of more than $1.2 billion in cryptocurrency stolen from Binance. That amount is part of—not additional to—the more than $2.7 billion in stolen funds that investigators and private virtual-asset service providers had frozen. The FBI attributed the theft of more than $6 billion in virtual assets from Binance to North Korean military hackers it calls TraderTraitor. A separate FaceStealer operation was also mentioned; it is distinct from the Binance theft.

2 publishers2 reports

Coverage started Yesterday

Key Actors

  • Binance
  • Department of Justice
  • Federal Bureau of Investigation
  • TraderTraitor

Coverage

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