Key Highlights The U.S. Department of Justice says North Korea uses cryptocurrency theft to finance its government and illicit weapons program. Federal agents seized cloud infrastructure linked to FaceStealer, a North Korean hacking campaign that the FBI says stole more than $400 million in cryptocurrency in 18 months. FaceStealer uses fake Zoom- or Microsoft Teams-style ...
Key Highlights FaceStealer targeted crypto, Web3 and open-source software communities through fraudulent video-conferencing sessions. Investigators seized more than 900 webcam recordings secretly captured from victims. The U.S. Department of Justice froze more than $1.2 billion in digital assets linked to North Korean actors and the Binance theft. FaceStealer Operation Targeted North Korean Hacking Groups An ...
Key Highlights Tether confirms exposure to EQIBank is less than 0.034% of total group assets, approximately $64 million based on its June 2024 attestation of $187.75 billion. U.S. authorities seized funds from Capstone, a payment processor used by EQIBank to move customer money through Wells Fargo and JPMorgan Chase accounts, alleging misrepresentation of business activities. ...
DOJ Seeks Seizure of $61 Million in Crypto Linked to Iranian Oil Sanctions Evasion The U.S. Department of Justice has filed a civil forfeiture lawsuit targeting approximately $61 million in cryptocurrency allegedly connected to the Iranian government and the Islamic Revolutionary Guard Corps (IRGC). The complaint, filed in the Southern District of New York, claims ...