A post by @bwenews on X.
AggrNews: DOJ SEIZES $1.2BLN IN NORTH KOREA-LINKED CRYPTO THEFT, DISMANTLES "FACESTEALER" DEEPFAKE SCHEME TIED TO $6BLN BINANCE HACK: WEBSITE
@bwenews on X
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The U.S. Department of Justice seized $1.2 billion in cryptocurrency tied to North Korean theft, while dismantling a deepfake scheme known as "FaceStealer" linked to the $6 billion Binance hack. The action targets illicit funds traced to state-sponsored actors and a fraud operation that used synthetic media to bypass identity checks. The seizure marks one of the largest recoveries of crypto assets tied to North Korea and underscores growing enforcement focus on exchange security and identity fraud. The FaceStealer scheme's connection to the Binance hack highlights how deepfake technology has become a vector for large-scale exchange breaches. Watch for further DOJ clawbacks and whether exchanges tighten biometric verification in response.
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Named in this story
DOJ, North Korea, Binance, FaceStealer