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DOJ Wins Court Authority to Seize $1.2 Billion in Alleged North Korean Stolen Crypto
(2 hours ago) · 1 source · Summarized by CryptoBipto
The U.S. Department of Justice has obtained court authorization to seize approximately $1.2 billion in cryptocurrency allegedly stolen by North Korean actors and held on Binance. Total frozen funds related to the case have reportedly reached over $2.7 billion.
WHY IT MATTERS
This story shows how governments can use the legal system to go after stolen cryptocurrency, even when the thieves are state-sponsored hackers from another country.
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SOURCES
- bitcoinmagazine.com
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BNBNorth Korea Crypto TheftDOJ EnforcementBinanceAsset SeizureCybersecurity