#facestealer
facestealer
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That familiar face on your video call might be there to steal your cryptoThat familiar face on your video call might be there to steal your crypto
On November 12, the U.S. Department of Justice and the FBI released two announcements on the same day. A court has approved the seizure or restriction of more than $1.2 billion in cryptocurrency, part of the money hackers stole from Binance on October 29. The hackers stole about $6.3 billion in total that day, and the government and industry have since worked together to freeze more than $2.7 billion. Binance announced that same day that it had fully covered users’ losses using company funds and its protection fund.
The second story is more relevant to retail investors. The FBI took down a scam called FaceStealer, which stole more than $400 million over the past 18 months. The scammers first stole someone’s social media account and video call history, then used that identity to send meeting invitations to people the victim knew. The meetings took place on fake Zoom, Teams, or Meet pages, and the face on screen was either an old, stolen video or an AI-generated deepfake. Halfway through the call, a technical glitch would pop up. Click a link to fix it, and the computer would be infected with a Trojan. Sometimes the stolen crypto wouldn’t move for months, and in the longest cases, for over a year. The FBI seized more than 900 webcam recordings of victims in this operation.
That familiar face on your video call might be there to steal your crypto
That familiar face on your video call might be there to steal your crypto
On November 12, the U.S. Department of Justice and the FBI released two announcements on the same day. A court has approved the seizure or restriction of more than $1.2 billion in cryptocurrency, part of the money hackers stole from Binance on October 29. The hackers stole about $6.3 billion in total that day, and the government and industry have since worked together to freeze more than $2.7 billion. Binance announced that same day that it had fully covered users’ losses using company funds and its protection fund.
The second story is more relevant to retail investors. The FBI took down a scam called FaceStealer, which stole more than $400 million over the past 18 months. The scammers first stole someone’s social media account and video call history, then used that identity to send meeting invitations to people the victim knew. The meetings took place on fake Zoom, Teams, or Meet pages, and the face on screen was either an old, stolen video or an AI-generated deepfake. Halfway through the call, a technical glitch would pop up. Click a link to fix it, and the computer would be infected with a Trojan. Sometimes the stolen crypto wouldn’t move for months, and in the longest cases, for over a year. The FBI seized more than 900 webcam recordings of victims in this operation.
On November 12, the U.S. Department of Justice and the FBI released two announcements on the same day. A court has approved the seizure or restriction of more than $1.2 billion in cryptocurrency, part of the money hackers stole from Binance on October 29. The hackers stole about $6.3 billion in total that day, and the government and industry have since worked together to freeze more than $2.7 billion. Binance announced that same day that it had fully covered users’ losses using company funds and its protection fund.
The second story is more relevant to retail investors. The FBI took down a scam called FaceStealer, which stole more than $400 million over the past 18 months. The scammers first stole someone’s social media account and video call history, then used that identity to send meeting invitations to people the victim knew. The meetings took place on fake Zoom, Teams, or Meet pages, and the face on screen was either an old, stolen video or an AI-generated deepfake. Halfway through the call, a technical glitch would pop up. Click a link to fix it, and the computer would be infected with a Trojan. Sometimes the stolen crypto wouldn’t move for months, and in the longest cases, for over a year. The FBI seized more than 900 webcam recordings of victims in this operation.
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🚨 $BNB BETRAYAL! U.S. SEIZES $1.2 BILLION STOLEN FROM BINANCE BY NORTH KOREA
The Department of Justice announced this Thursday that a judge authorized the seizure of more than $1.2 billion in cryptocurrency stolen from Binance, part of the more than $2.7 billion frozen from the theft of over $6 billion on October 29, which was attributed to North Korean military hackers. To me, the most significant thing isn’t the amount: it’s that the FBI also dismantled FaceStealer, a deepfake video-call scam impersonating people victims know that has already stolen more than $400 million in 18 months.
Take a look at the detail nobody is noticing:
→ The Binance heist involved more than $6 billion on October 29 and was carried out by the TraderTraitor group, according to the DOJ; more than $2.7 billion of the loot was frozen, and the court order covers over $1.2 billion—barely a fifth of the total.
→ FaceStealer used stolen accounts to invite people to video calls and played recordings or deepfakes of familiar contacts to gain their trust; the FBI seized more than 900 victims’ webcam videos and shut down the cloud infrastructure they used.
→ The rest is still moving: the DOJ says TraderTraitor actors are still moving the funds through bridges, mixers, and exchanges, and around $3.3 billion remains unfrozen and under investigation.
Do you think the U.S. will manage to recover the rest of the $6 billion, or has North Korea already laundered most of it? 👇
$BNB $BTC
#Binance #CoreaDelNorte #FaceStealer
🚨 $BNB BETRAYAL! U.S. SEIZES $1.2 BILLION STOLEN FROM BINANCE BY NORTH KOREA
The Department of Justice announced this Thursday that a judge authorized the seizure of more than $1.2 billion in cryptocurrency stolen from Binance, part of the more than $2.7 billion frozen from the theft of over $6 billion on October 29, which was attributed to North Korean military hackers. To me, the most significant thing isn’t the amount: it’s that the FBI also dismantled FaceStealer, a deepfake video-call scam impersonating people victims know that has already stolen more than $400 million in 18 months.
Take a look at the detail nobody is noticing:
→ The Binance heist involved more than $6 billion on October 29 and was carried out by the TraderTraitor group, according to the DOJ; more than $2.7 billion of the loot was frozen, and the court order covers over $1.2 billion—barely a fifth of the total.
→ FaceStealer used stolen accounts to invite people to video calls and played recordings or deepfakes of familiar contacts to gain their trust; the FBI seized more than 900 victims’ webcam videos and shut down the cloud infrastructure they used.
→ The rest is still moving: the DOJ says TraderTraitor actors are still moving the funds through bridges, mixers, and exchanges, and around $3.3 billion remains unfrozen and under investigation.
Do you think the U.S. will manage to recover the rest of the $6 billion, or has North Korea already laundered most of it? 👇
$BNB $BTC
#Binance #CoreaDelNorte #FaceStealer
The Department of Justice announced this Thursday that a judge authorized the seizure of more than $1.2 billion in cryptocurrency stolen from Binance, part of the more than $2.7 billion frozen from the theft of over $6 billion on October 29, which was attributed to North Korean military hackers. To me, the most significant thing isn’t the amount: it’s that the FBI also dismantled FaceStealer, a deepfake video-call scam impersonating people victims know that has already stolen more than $400 million in 18 months.
Take a look at the detail nobody is noticing:
→ The Binance heist involved more than $6 billion on October 29 and was carried out by the TraderTraitor group, according to the DOJ; more than $2.7 billion of the loot was frozen, and the court order covers over $1.2 billion—barely a fifth of the total.
→ FaceStealer used stolen accounts to invite people to video calls and played recordings or deepfakes of familiar contacts to gain their trust; the FBI seized more than 900 victims’ webcam videos and shut down the cloud infrastructure they used.
→ The rest is still moving: the DOJ says TraderTraitor actors are still moving the funds through bridges, mixers, and exchanges, and around $3.3 billion remains unfrozen and under investigation.
Do you think the U.S. will manage to recover the rest of the $6 billion, or has North Korea already laundered most of it? 👇
$BNB $BTC
#Binance #CoreaDelNorte #FaceStealer
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