Veytics Intelligence
2026-11-13 · DW

US disrupts North Korea's $400 million crypto scam, FBI says

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The United States Justice Department said Thursday it had seized cloud infrastructure used by North Korean hackers in a video-call scam that has stolen more than $400 million (€361 million) in cryptocurrency over 18 months. It also said it had court approval to seize or restrain more than $1.2 billion taken in the recent Binance hack. The Federal Bureau of Investigation calls the scam "FaceStealer." According to the Justice Department, hackers sent meeting invitations from accounts taken over from earlier victims. Once a target joins, the hackers record their webcam video and play a prerecorded clip of a previous victim the target knows, so trusted contacts appear to be present.

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