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BNBDOJ EnforcementCrypto HackingAsset SeizureNorth KoreaBinance
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DOJ Seeks to Seize $1.2 Billion Linked to Binance Hack and FaceStealer Scam
(5 hours ago) · 1 source · Summarized by CryptoBipto
The U.S. Department of Justice has moved to seize approximately $1.2 billion in cryptocurrency reportedly connected to a hack of Binance. The DOJ also announced disruption of a scheme known as FaceStealer. The actions are part of broader law enforcement efforts targeting illicit use of cryptocurrency.
WHY IT MATTERS
When cryptocurrency is stolen through hacking, the funds often move through various digital wallets and services to try to hide their origin — a process sometimes called laundering.
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SOURCES
- cointelegraph.com
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BNBDOJ EnforcementCrypto HackingAsset SeizureNorth KoreaBinance