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BackFBI seized $1.2 billion in crypto assets
FBI seized $1.2 billion in crypto assets
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Habertürk Ekonomi19 minutes agoBusiness1 min readTürkiyeView original

FBI seized $1.2 billion in crypto assets

The FBI described the theft of approximately $6.3 billion in crypto assets from Binance as the largest cryptocurrency theft in history.

Quick Look

  • The US Federal Bureau of Investigation (FBI) announced that more than $1.2 billion in crypto assets stolen from Binance were seized.
  • In the statement, it was stated that the North Korea-linked TraderTraitor group was behind the attack.

AI-generated summary

Why It Matters

The FBI is conducting operations to recover assets stolen from Binance.

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The US Federal Bureau of Investigation (FBI) reported that more than $1.2 billion in crypto assets stolen from Binance, the world's largest cryptocurrency exchange, were seized.

In the statement made by the FBI, it was stated that the theft of approximately $ 6.3 billion worth of crypto assets from Binance was considered "the largest cryptocurrency theft in history".

In the statement, it was stated that the hacker group "TraderTraitor" affiliated with North Korea was held responsible for the attack, and it was noted that more than 1.2 billion dollars of stolen crypto assets were seized.

The FBI also announced that North Korea-linked hackers stole more than $400 million in cryptocurrency via fake video calls in the last 18 months.

While it was stated that more than 900 people were targeted with the method called "FaceStealer", it was reported that the attackers especially focused on people working in the cryptocurrency industry.

It was emphasized that the hackers invited the victims to video calls through their social media accounts and created the impression that they were "talking to people they know" by using previously recorded videos.

It was stated that the links sent to fix the fake voice problem experienced during the call caused malware to be installed on the victims' devices.

Open Questions

  • Will the seized assets be returned to their owners?
  • What other measures will be taken against the hacker group?

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This article was originally published by Habertürk Ekonomi.

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