FBI Says US Seized $1.2 Billion Worth of Cryptocurrency Stolen From Binance

The US has seized $1.2 billion worth of cryptocurrency that was stolen from Binance. In a separate incident, the FBI attributed the theft of $400 million worth of cryptocurrency to a social engineering scheme carried out by North Korea. These two incidents were announced on the same day. The FBI's announcements highlight the significant value of cryptocurrency involved in these thefts. The seizures and attributions demonstrate efforts to track and recover stolen cryptocurrency. North Korea was identified as the perpetrator of the $400 million theft.