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US seizes $1.2 billion worth of cryptocurrency stolen from Binance

cryptonews100_tggfrn by cryptonews100_tggfrn
November 13, 2026
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US seizes $1.2 billion worth of cryptocurrency stolen from Binance
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WASHINGTON — The FBI mentioned Thursday that it had seized greater than $1.2 billion of cryptocurrency reported stolen last month from Binance, the world’s largest crypto alternate.

The theft of about $6.3 billion from Binance is considered the most important crypto heist in historical past, and the FBI has beforehand attributed it to a North Korean hacking group often called TraderTraitor. The U.S. authorities and personal sector have to this point mixed to freeze greater than $2.7 billion of the stolen funds, and the Justice Division mentioned Thursday that it has now obtained courtroom authorization to grab or restrain greater than $1.2 billion of that whole.

Sometimes in these conditions, the U.S. authorities will file a declare of forfeiture with a choose, who will then decide who has a legit declare to the recovered funds.

What to know about the $6.3B hack on Binance, likely the biggest-ever crypto theft

Additionally Thursday, the FBI blamed North Korea for a separate social engineering scheme that officers say resulted within the theft of $400 million worth of cryptocurrency during the last 18 months. That scheme, often called FaceStealer, includes an advanced chain of occasions combining the hijacking of common messaging apps and the recording of deepfake movies.

U.S. officers have repeatedly accused North Korea of utilizing cyber schemes to generate funds for its regime, together with its illicit weapons program.



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