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Regulation

US Justice Department seizes infrastructure tied to North Korea’s $400M FaceStealer crypto scheme

Image: Crypto Briefing

Authorities disrupted a social-engineering operation that targeted crypto and Web3 workers and froze more than $1.2 billion tied to the Binance theft The US Department of Justice has seized infrastructure behind North Korea’s FaceStealer scheme. It also froze more than $1.2 billion in crypto stolen from Binance. FaceStealer is a social-engineering operation that reportedly generated thefts exceeding $400 million over the last 18 months. The people it targeted were mostly in crypto. The FBI and the DOJ announced the action between November 10 and 12, 2026. The coordinated effort disrupted cloud-based infrastructure that supported the FaceStealer scheme. Investigators seized more than 900 webcam videos that had been secretly recorded from victims. The recordings were tied to fraudulent video-conferencing sessions used in the scheme.

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