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Today the Department of Justice announced coordinated actions against the Democratic People’s Republic of North Korea (DPRK) government’s schemes to fund its regime through the massive theft of cryptocurrency. These actions include the seizure of cloud-based infrastructure used in the FaceStealer social engineering scheme that has resulted in the theft of more than $400 million worth of cryptocurrency and the court-authorized seizure and restraint of more than $1.2 billion worth of cryptocurrency recently stolen from Binance, a virtual currency exchange. “North Korea’s government bankrolls its rogue regime and illicit weapons program through cryptocurrency theft,” said Principal Deputy Assistant Attorney

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