US Justice Department targets North Korean crypto theft - grafa.com
The US Justice Department has disrupted North Korean crypto theft operations and targeted over $1.2 billion in stolen Binance assets.
The FaceStealer campaign has stolen more than $400 million in cryptocurrency over the previous 18 months. US authorities and private-sector partners have frozen more than $2.7 billion in assets linked to the Binance theft.
Massive Binance Theft
Separately, North Korean hackers stole more than $6 billion from Binance on or around 29 October 2026. The Justice Department secured court authorization to seize or restrain more than $1.2 billion of those assets.
North Korea's government bankrolls its rogue regime and illicit weapons program through cryptocurrency theft.
Sophisticated Methods
FaceStealer uses stolen accounts, recorded webcam footage and artificial intelligence-generated deepfakes to deceive cryptocurrency and software developers. The operation intensifies US efforts to disrupt North Korean cryptocurrency theft and recover assets used to finance illicit programmes.
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