ABC NEWS · 2026-11-12 23:34 UTC

US has seized $1.2 billion worth of cryptocurrency stolen from Binance, FBI says

The FBI said it seized more than $1.2 billion of cryptocurrency stolen from Binance last month, out of about $6.3 billion stolen in what is described as the biggest crypto heist in history. The FBI previously attributed the Binance theft to North Korean hacking group TraderTraitor; the government and private sector have together frozen more than $2.7 billion of the stolen funds. A forfeiture claim will be filed with a judge to determine who has a legitimate claim to the recovered funds; separately, the FBI blamed North Korea for a FaceStealer scheme that stole $400 million over 18 months.

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