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Wire · regulatory

US targets North Korean crypto schemes and seizes $1.2 billion linked to Binance hack

13 November 2026 · By · Wire by Fusion42

Published

13 November 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at dig.watch →

◆ Verified

Fusion42 · 13 November 2026 · Fusion42 review

The US government has seized $1.2 billion in cryptocurrency linked to North Korean hacking schemes including the Binance hack, targeting illicit crypto activities tied to North Korea.

This Wire brief sits within Fusion42's coverage of Fintech, and 6 sources have reported it between 12 Nov 2026 and 13 Nov 2026.

◆ ◆ The Wire takeaway

US enforcement against North Korean crypto theft is escalating and seizing major funds. You need to strengthen compliance and risk controls around cryptocurrency sources immediately.

◆ Coverage

6 sources · first reported 12 Nov 2026 · latest 13 Nov 2026

◆ Related on Wire

◆ Topics

Fintechcrypto-sanctionsnorth-koreabinance-hackcryptocurrency-theftus-government