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The U.S. Federal Bureau of Investigation (FBI) announced that authorities had obtained court authorization to seize or freeze more than $1.2 billion in cryptocurrency stolen from the Binance platform. The theft was attributed to a North Korean hacking group known as “TraderTraitor.” The stolen cryptocurrency is estimated to be worth about $6.3 billion, while more than $2.7 billion has been frozen so far. The courts will determine who is entitled to the recovered funds.
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