US seizes North Korean hacking tools and stolen crypto

The Justice Department announced coordinated actions against North Korean groups that stole billions in cryptocurrency. Authorities seized cloud infrastructure used in a social engineering scheme called FaceStealer. Courts authorized the seizure of more than $1.2 billion stolen from Binance. The FBI attributed the larger theft of over $6 billion to North Korean military hackers known as TraderTraitor. Investigators also froze more than $2.7 billion of the stolen funds.

Read the full story at cyberscoop.com.