CERT24U.S. seizes $1.2 billion linked to North Korean cryptocurrency theftLoading data…

U.S. seizes $1.2 billion linked to North Korean cryptocurrency theft

The U.S. Department of Justice announced two connected actions against North Korean cryptocurrency theft operations: the seizure of cloud infrastructure linked to the FaceStealer social-engineering scheme and court-authorized seizure and restraint of cryptocurrency stolen from Binance. More than $1.2 billion in cryptocurrency was brought under law-enforcement control. According to the source, FaceStealer resulted in more than $400 million in theft and the actors also targeted open-source software developers.

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U.S. seizes $1.2 billion linked to North Korean cryptocurrency theft

The U.S. Department of Justice announced two connected actions against North Korean cryptocurrency theft operations: the seizure of cloud infrastructure linked to the FaceStealer social-engineering scheme and court-authorized seizure and restraint of cryptocurrency stolen from Binance. More than $1.2 billion in cryptocurrency was brought under law-enforcement control. According to the source, FaceStealer resulted in more than $400 million in theft and the actors also targeted open-source software developers.