YONHAP · 2026-11-13 13:58 UTC

U.S. obtains court approval to seize, restrain over US$1.2 bln stolen in N.K. Binance theft

The U.S. Justice Department says it obtained court authorization to seize or restrain over $1.2 billion in cryptocurrency stolen by North Korean hackers from Binance last month. The $1.2 billion is part of more than $2.7 billion in assets frozen by U.S. authorities and private-sector partners after over $6 billion in virtual assets was stolen from Binance. The FBI identified the hackers as TraderTraitor, who are still laundering the funds through bridges, mixers and exchanges while authorities work to trace and recover them.

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