U.S. Recovers $1.2 Billion in Crypto Stolen from Binance

United States authorities have seized approximately $1.2 billion in virtual assets that were stolen from the cryptocurrency exchange Binance last month. The Department of Justice attributed the massive hack, which totaled over $6 billion, to individuals linked to the North Korean military. In addition to the Binance recovery, authorities also targeted cloud infrastructure used in an identity impersonation scam called FaceStealer. The ongoing efforts highlight coordinated actions between government and private sectors to combat North Korean state-sponsored cybercrime.