DOJ cracks down on North Korean crypto theft after $6.3 billion Binance heist

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The Department of Justice on Thursday announced plans to clamp down on North Korean cryptocurrency theft following a scheme that siphoned over $6 billion from digital exchange platform Binance.

The DOJ’s effort to stop North Korea from stealing crypto in order to fund its regime includes recovering billions of dollars stolen from Binance and dismantling a separate hacking operation that has targeted cryptocurrency holders and software developers.

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