DOJ Seizes $1.2B Tied to $6B Binance Hack in North Korea Case

The U.S. Justice Department said it seized $1.2 billion in digital assets connected to the $6 billion Binance hack. Officials described the action as part of efforts to block North Korea's alleged use of crypto theft to fund its government and illicit weapons programs. M. Scott Proctor said the announcement shows America will fight back against profit from cybercrime.