US Moves to Seize $1.2 Billion From Binance Hack. Where Is the Rest?

The US Justice Department has secured court approval to seize or restrain over $1.2 billion of the funds stolen in the October 29 Binance hack, which the FBI attributed to North Korea's state hacking unit. That total represents less than a fifth of the overall haul, with on-chain data showing billions more still within reach of the Binance hacker. The seizure marks one of the largest recoveries tied to a crypto exchange breach, though the majority of assets remain uncaptured. What to watch next is whether prosecutors pursue additional restraint orders as investigators trace the remaining funds across wallets.