🚨 DOJ tightens its grip: seeks order to seize $1.2 billion stolen from Binance
The U.S. Department of Justice (DOJ) has received court approval to seize approximately $1.2 billion stolen from Binance by North Korea’s TraderTraitor hacker group.
At the same time, the DOJ also dismantled a deepfake scam operation called FaceStealer, which is believed to be linked to the group.
For the market, this signals that authorities are becoming increasingly capable of tracing and freezing stolen funds—even when they are linked to state-sponsored hacker groups. For traders, the risk of deepfake scams is also something to watch out for when verifying identities online.
Do you think seizures like these are enough to deter major hacker groups?
(Not investment advice)
#hoangducinvest #Crypto #Binance
Source: The Block
The U.S. Department of Justice (DOJ) has received court approval to seize approximately $1.2 billion stolen from Binance by North Korea’s TraderTraitor hacker group.
At the same time, the DOJ also dismantled a deepfake scam operation called FaceStealer, which is believed to be linked to the group.
For the market, this signals that authorities are becoming increasingly capable of tracing and freezing stolen funds—even when they are linked to state-sponsored hacker groups. For traders, the risk of deepfake scams is also something to watch out for when verifying identities online.
Do you think seizures like these are enough to deter major hacker groups?
(Not investment advice)
#hoangducinvest #Crypto #Binance
Source: The Block