U.S. Targets Crypto Theft Infrastructure Tied to North Korean Hackers
Edited by Steinar Vigdel Kolnes, Editor, Oslo
U.S. authorities say they seized infrastructure linked to FaceStealer, a scheme blamed for stealing up to $400 million in crypto assets.
The U.S. Department of Justice is targeting infrastructure allegedly used by North Korean-linked hackers in cryptocurrency theft operations, including activity associated with the Binance hack.
Federal authorities said they took control of systems connected to FaceStealer, a scheme designed to obtain credentials and other sensitive information from victims.
Officials estimate FaceStealer was used to steal as much as $400 million in digital assets. The action is part of a wider U.S. effort targeting roughly $1.2 billion in allegedly stolen cryptocurrency.
The crackdown highlights continued U.S. enforcement efforts against cyber operations accused of using stolen crypto to generate funds for North Korea.
Source: CoinDesk
