The US Federal Bureau of Investigation (FBI) has announced that American authorities have seized more than $1.2 billion in cryptocurrency stolen last month from Binance, the world’s largest cryptocurrency exchange. US authorities blame hackers linked to North Korea for the attack, in which approximately $6.3 billion was stolen.

According to Klix.ba, this is the largest cryptocurrency theft in history. The FBI had previously attributed responsibility for the attack to the North Korean hacking group TraderTraitor.

US authorities and private-sector companies have so far managed to freeze more than $2.7 billion in stolen assets. On Thursday, the US Department of Justice announced that it had obtained court authorization to seize or block more than $1.2 billion of those funds.

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Under US procedures, the government files a forfeiture petition with the court in such cases, after which a judge determines who is entitled to recover the seized funds.

At the same time, the FBI has accused North Korea of carrying out another major cryptocurrency theft operation known as FaceStealer.

According to US officials, approximately $400 million has been stolen using this method over the past 18 months.

The operation involves a sophisticated social engineering scam that relies on downloading popular communication applications and using fake video footage generated with artificial intelligence, known as deepfakes.

For years, US authorities have accused the North Korean regime of organizing cyberattacks and cryptocurrency thefts to secure funding for state programs, including the development of weapons in violation of international sanctions.

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Source: Nova Foto: EFE

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