{
  "id": 19718645,
  "title": "US Details $2.7 Billion Freeze After North Korea’s Binance Hack",
  "url": "https://urgent.news/2026/11/12/us-details-2-7-billion-freeze-after-north-koreas-binance-hack",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-11-12T22:10:26.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/us-news/us-details-2-7-billion-freeze-after-north-korea-s-binance-hack-11794521427219.html"
  },
  "original_language": "en",
  "account": "The United States has implemented a $2.7 billion freeze on funds following North Korea's massive Binance hack, according to the Justice Department. In collaboration with the leading stablecoin issuers Tether and Circle Internet Group, the department successfully seized $1.2 billion of the total $2.7 billion frozen immediately after the October 29 breach. FBI's \"TraderTraitor\" hackers are still attempting to launder the stolen cryptocurrency through various methods, including bridges, mixers, and exchanges. The National Security Division will utilize all available resources to retrieve North Korea's stolen assets, as the regime uses cryptocurrency theft to finance its weapons program, stated Principal Deputy Assistant Attorney General for National Security, M. Scott Proctor. The attack on Binance, the world's largest crypto exchange, is the largest cryptocurrency theft in history, siphoning $6.3 billion from customers. Binance has since returned all stolen assets using profits and emergency funds. The hackers initially targeted an engineer through a fake job interview, then infiltrated other employees, ultimately moving the stolen assets through over 20,000 wallets and executing more than 65,000 transactions using 65,000 transactions, per Elliptic's blockchain analytics. The freeze was executed before the hackers could transfer the funds, halting about half of the \"historic breach.\"",
  "summary": "The Justice Department says it’s joined with the two biggest stablecoin issuers in efforts to secure almost half the money stolen when hackers absconded with more than $6 billion from the Binance crypto exchange.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "The DOJ says it got court authorization to seize or restrain $1.2B of the $2.7B frozen by Tether and Circle after North Korea's $6.3B Binance hack on October 29 (Myles Miller/Bloomberg)",
        "url": "https://urgent.news/2026/11/12/the-doj-says-it-got-court-authorization-to-seize-or-restrain-1-2b-of",
        "published": "2026-11-12T22:20:00.000Z"
      },
      {
        "outlet": "The Block",
        "title": "DOJ moves to seize $1.2 billion from Binance hack, disrupts North Korean deepfake scheme",
        "url": "https://urgent.news/2026/11/12/doj-moves-to-seize-1-2-billion-from-binance-hack-disrupts-north",
        "published": "2026-11-12T22:40:22.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}