The Department of Justice has launched initiatives to combat North Korean cryptocurrency theft, particularly after a significant heist from Binance that resulted in over $6 billion in losses. Federal authorities have frozen more than $2.7 billion linked to this theft and are also addressing a separate hacking operation known as “FaceStealer,” which has stolen over $400 million. The FBI warns that this scheme uses fake video meetings to deceive victims into downloading malicious software.
Key facts
- DOJ announced actions against North Korean cryptocurrency theft on November 12, 2026.
- Over $6 billion was stolen from Binance in a hacking scheme.
- Federal authorities have frozen more than $2.7 billion in cryptocurrency linked to the theft.
- The FBI has seized infrastructure related to a scheme called 'FaceStealer,' which stole over $400 million.
- More than 900 webcam videos of victims were seized during the investigation.
A short AI summary in our own words. The reporting belongs to Washington Examiner; we don't reproduce it.