U.S. authorities have seized or restrained more than $1.2 billion in cryptocurrency stolen during Binance's $6 billion October hack, which the FBI attributes to North Korean military-linked hackers known as "TraderTraitor." The DOJ also said it disrupted infrastructure behind the "FaceStealer" deepfake scam, blamed for stealing more than $400 million in cryptocurrency. CNBC reports: Collective efforts between the U.S. government and private sector have resulted in more than $2.7 billion of that amount being frozen. [...] The DOJ said it was taking coordinated action against what it called the North Korean government's "schemes to fund its regime through the massive theft of cryptocurrency." That includes "the court-authorized seizure and restraint of more than $1.2 billion worth of cryptocurrency recently stolen from Binance," it said. DOJ units, law enforcement partners and virtual asset service providers have been working to intercept the stolen assets. But efforts to track and freeze the assets are ongoing, as TraderTraitor actors continue to launder them through various cryptocurrency channels.

Authorities have also seized cloud-based infrastructure used in a massive identity impersonation scam known as "FaceStealer," which has seen more than $400 million worth of cryptocurrency stolen over 18 months, the DOJ said. The scheme sees hackers set up fake video meetings using stolen accounts and recordings of people known to the target by using AI-generated deepfakes. The hackers then say a technical problem requires a fix, install malware on a computer and take over the victim's communications, steal their cryptocurrency and target their contacts -- sometimes months or more than a year after the initial compromise.

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