Historic blow to North Korea’s cyber operations!
U.S. freezes $1.2 billion linked to Hackeo a Binance y and dismantles “FaceStealer” deepfake video-call network
The U.S. Department of Justice DOJ has dealt a masterstroke to the international crypto ecosystem by disrupting massive cybercrime operations sponsored by the North Korean regime.
The intervention combines the recovery of historic funds in the largest hacking case in recent history with the neutralization of sophisticated artificial intelligence-based scams.
Record recovery at Binance: The DOJ obtained court authorization to seize and hold more than $1.2 billion linked to the recent massive hack of Binance. These funds are part of a pool of more than $2.7 billion frozen thanks to cooperation between government agencies and the private sector.
Attribution confirmed TraderTraitor : Authorities attribute the October 29 attack (in which more than $6 billion was stolen from Binance) to the infamous North Korean military hacking group known as TraderTraitor, whose primary goal is to fund the regime’s illicit weapons program.
“FaceStealer” network dismantled: In a parallel operation, the DOJ seized the cloud infrastructure used in a separate campaign that stole more than $400 million over the past 18 months. The attackers used stolen accounts and fake video calls (deepfakes) featuring well-known people to deceive developers and victims, forcing them to install malicious software.
#BTC #ETH #Binance
U.S. freezes $1.2 billion linked to Hackeo a Binance y and dismantles “FaceStealer” deepfake video-call network
The U.S. Department of Justice DOJ has dealt a masterstroke to the international crypto ecosystem by disrupting massive cybercrime operations sponsored by the North Korean regime.
The intervention combines the recovery of historic funds in the largest hacking case in recent history with the neutralization of sophisticated artificial intelligence-based scams.
Record recovery at Binance: The DOJ obtained court authorization to seize and hold more than $1.2 billion linked to the recent massive hack of Binance. These funds are part of a pool of more than $2.7 billion frozen thanks to cooperation between government agencies and the private sector.
Attribution confirmed TraderTraitor : Authorities attribute the October 29 attack (in which more than $6 billion was stolen from Binance) to the infamous North Korean military hacking group known as TraderTraitor, whose primary goal is to fund the regime’s illicit weapons program.
“FaceStealer” network dismantled: In a parallel operation, the DOJ seized the cloud infrastructure used in a separate campaign that stole more than $400 million over the past 18 months. The attackers used stolen accounts and fake video calls (deepfakes) featuring well-known people to deceive developers and victims, forcing them to install malicious software.
#BTC #ETH #Binance
