security

FBI seizes North Korean hacker tools and freezes $1.2 billion in stolen Binance funds

Published November 13, 20264 min read

A padlocked server cabinet stands in a dim, empty data-center corridor. — Seized cloud infrastructure is one part of the U.S. action; the stolen funds face a separate court-authorized recovery process. Illustration: MarketIntelLabs

The U.S. Department of Justice on November 12, 2026 said U.S. authorities working with private-sector partners have frozen more than $2.7 billion tied to the theft of virtual assets from Binance, and that a federal court has authorized the seizure or restraint of more than $1.2 billion of that total. In the same announcement, the FBI said it has disrupted a separate fraud operation it calls FaceStealer, which the department links to more than $400 million in stolen cryptocurrency over the past 18 months.

Key takeaways Court-authorized recovery. A federal court authorized the seizure or restraint of more than $1.2 billion of the frozen funds, per the department's November 12 statement. Attribu…

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