The U.S. Department of Justice (DOJ) has obtained court authorization to seize or block more than $1.2 billion in crypto assets stolen in the Binance hack.
According to a November 12 statement, U.S. agencies, together with private companies, have already frozen more than $2.7 billion in funds stolen from the crypto exchange on October 29. The court order applies to part of this amount. The DOJ emphasized that forfeiture proceedings are ongoing.
Previously, the FBI linked the attack to the TraderTraitor group. According to the Justice Department, it includes North Korean military personnel. The hackers continued to move the stolen assets through cross-chain bridges, mixers, and trading platforms.
In addition to the FBI and DOJ, the U.S. Secret Service and the IRS Criminal Investigation division are participating in the investigation. The agencies urged cryptocurrency platforms to block transactions involving the attackers’ addresses.
