Quartz·1 min read·medium

U.S. won court order to seize or restrain more than $1.2 billion in crypto stolen from Binance

Cris Tolomia
✦AI Summary

The U.S. government has secured a court order to seize or restrain over $1.2 billion in cryptocurrency stolen by North Korean hackers from the Binance exchange. Total recovery efforts have successfully frozen approximately $2.7 billion in illicit funds.

Why it matters

This highlights the ongoing battle between international law enforcement and state-sponsored cybercrime syndicates targeting global financial infrastructure.

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U.S. and private-sector efforts have frozen more than $2.7 billion…

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