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DOJ Wins Court Authority to Seize $1.2 Billion of North Korea’s Stolen Binance Crypto as Freezes Top $2.7 Billion

By Micah Zimmerman

Bitcoin Magazine DOJ Wins Court Authority to Seize $1.2 Billion of North Korea’s Stolen Binance Crypto as Freezes Top $2.7 Billion The DOJ won court authority to seize $1.2 billion of North Korea's stolen Binance crypto and took down a $400 million deepfake theft scheme. This post DOJ Wins Court Authority to Seize…

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Deepfake

A realistic but fake image, video or audio clip made with AI to show someone saying or doing something they did not.

Deepfakes can spread misinformation and harm reputations, especially around elections.

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