U.S. authorities seize more than $1.2 billion in stolen cryptocurrency

(CNN)– U.S. authorities have seized more than $1.2 billion in stolen cryptocurrency.

The Justice Department announced the seizure Thursday, November 12.

It follows last month’s massive cyberattack on crypto exchange Binance.

Hackers stole more than $6 billion in virtual assets.

The FBI blames the attack on operatives linked to North Korea’s military.

So far, more than $2.7 billion in stolen assets have been have been frozen.

The Justice Department says North Korea uses cryptocurrency theft to help fund its government and weapons program.