The US Department of Justice has officially authorized the seizure of more than $1.2 billion in cryptocurrency stolen from Binance by North Korean hackers.
The total theft was reportedly worth around $6.3 billion, but more than $2.7 billion has now been frozen.
This is a major development in the fight against crypto crime.
Stealing billions in crypto doesn't mean hackers can keep it forever. Blockchain transactions leave trails, and law enforcement is getting better at tracking stolen funds.
This case shows that crypto security and blockchain investigations are becoming more important than ever.
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