U.S. authorities obtained court approval on Nov. 12 to seize or restrict the disposal of more than $1.2 billion in cryptocurrency stolen from Binance by the North Korea-linked hacking group TraderTraitor. The assets were part of more than $2.7 billion frozen through cooperation among investigators and virtual-asset service providers. The FBI said TraderTraitor, which is linked to the North Korean military, stole more than $6 billion around Oct. 29 by moving assets across 10 blockchains in about 20 minutes. TRM Labs estimated the outflow at approximately $6.36 billion, compared with Binance’s earlier $6.34 billion figure. The DOJ’s action does not represent final forfeiture, but gives the government authority to pursue seizure and prevent disposal. TRM Labs said North Korea-linked hacks had caused $7.4 billion in losses by Oct. 29, or about 85% of global cryptocurrency hacking losses. Separately, U.S. authorities seized cloud infrastructure linked to FaceStealer, a North Korean social-engineering operation blamed for more than $400 million in damage. Investigators said North Korean hackers continue laundering proceeds through cross-chain transfers, mixers and exchanges, and plan to keep tracking and recovering assets to disrupt illicit financing.