🚨 US tightens its focus on North Korea’s Binance hack, DOJ targets $1.2 billion in stolen crypto
According to CoinDesk, US federal agencies said they seized infrastructure used in the FaceStealer scheme, which is alleged to have stolen up to $400 million in crypto assets.
Notably, the US Department of Justice (DOJ) is targeting approximately $1.2 billion in stolen crypto linked to the Binance attack allegedly carried out by North Korea. The seizure of the infrastructure shows that authorities are digging deeper into how hacker groups operate and move money.
For traders, this signals that regulators are becoming increasingly aggressive in tracing illicit funds. In the long term, moves like these could increase compliance pressure on exchanges and other services in the industry, although their specific impact on prices remains uncertain.
Do you think tracking and recovering hacked assets is enough to deter attack groups? (Not investment advice)
#hoangducinvest #Crypto #Binance
Source: CoinDesk
According to CoinDesk, US federal agencies said they seized infrastructure used in the FaceStealer scheme, which is alleged to have stolen up to $400 million in crypto assets.
Notably, the US Department of Justice (DOJ) is targeting approximately $1.2 billion in stolen crypto linked to the Binance attack allegedly carried out by North Korea. The seizure of the infrastructure shows that authorities are digging deeper into how hacker groups operate and move money.
For traders, this signals that regulators are becoming increasingly aggressive in tracing illicit funds. In the long term, moves like these could increase compliance pressure on exchanges and other services in the industry, although their specific impact on prices remains uncertain.
Do you think tracking and recovering hacked assets is enough to deter attack groups? (Not investment advice)
#hoangducinvest #Crypto #Binance
Source: CoinDesk