DOJ moves to seize $1.2B from Binance hack, disrupts FaceStealer scam

Bearish-8.30%
13 Nov, 09:27
Source: Cointelegraph

AI Summary

The DOJ's seizure of $1.2B from a Binance hack and disruption of a major scam highlights ongoing security vulnerabilities and regulatory scrutiny in the crypto exchange space.

DOJ moves to seize $1.2B from Binance hack, disrupts FaceStealer scam

Authorities froze over $2.7 billion in Binance hack proceeds, while the separate FaceStealer scam stole over $400 million in 18 months.