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DOJ Seeks $1.2 Billion in Binance Hack Seizure

The U.S. Department of Justice is moving to seize $1.2 billion tied to a Binance hack, according to a report by TheBlock.

DOJ Seeks $1.2 Billion in Binance Hack Seizure
Image: BullishMarketCap

The United States Department of Justice is moving to seize $1.2 billion linked to a hack involving Binance, according to a newsletter report published by TheBlock. Alongside the asset seizure effort, authorities also disrupted a North Korean deepfake scheme.

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The Department of Justice's legal move targets $1.2 billion connected to the Binance security breach. Simultaneously, U.S. law enforcement intervened to disrupt a separate operation involving North Korean deepfake activities.

Key facts

  • The Department of Justice is moving to seize $1.2 billion linked to a Binance hack.
  • Authorities also disrupted a North Korean deepfake scheme.
  • The developments were reported in a newsletter by TheBlock.
Binance#DOJ#Binance#CryptoSecurity

Source: theblock.co

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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