00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S. authorities have seized around $1.2 billion in cryptocurrency stolen from Binance in an
00:09October cyber attack linked to North Korea, according to CNBC. The Department of Justice
00:15said it is taking coordinated action against North Korean government schemes to fund its
00:19regime through cryptocurrency theft. Hackers stole more than $6 billion from the exchange
00:25on October 29th. The DOJ also seized infrastructure used in a separate scam called Face Stealer.
00:32The scheme uses AI-generated deepfakes and fake video meetings to install malware and steal
00:38cryptocurrency. Face Stealer has been linked to more than $400 million in cryptocurrency
00:44theft over 18 months. For all things money, visit benzinga.com.
