KOREA TIMES · 2026-11-13 16:12 UTC

US obtains court approval to seize, restrain over $1.2 bil. stolen in NK Binance theft

The US Justice Department said it obtained court authorization to seize or restrain over $1.2 billion in crypto allegedly stolen from Binance by North Korean hackers last month. That amount is part of more than $2.7 billion frozen by US authorities and private-sector partners after over $6 billion was stolen. The FBI named the hackers TraderTraitor, which is laundering the funds through bridges, mixers and exchanges; separately, the FaceStealer campaign that stole over $400 million was disrupted.

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