U.S. seizes $1.2 billion in cryptocurrency stolen from Binance
Summary
United States authorities have seized one point two billion dollars in digital currency that was stolen from Binance. The Department of Justice stated the operation targeted financial schemes used by the North Korean government to support its administration through large-scale crypto theft.
The DOJ said it was taking action against the North Korean government's "schemes to fund its regime through the massive theft of cryptocurrency."
Source: Read the full story at US Top News and Analysis
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.