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US to seize $1.2 billion tied to historic Binance hack
The forfeiture follows the 2019 breach of the exchange, according to CriptoNoticias.
Key takeaways
- The United States plans to seize $1.2 billion linked to the 2019 Binance hack, CriptoNoticias reported.
- CriptoNoticias said the case ties crypto theft to international security concerns.
- The report did not name the agency handling the forfeiture or the court involved.
- No details were given on how the funds were traced or who is accused.
Forfeiture tied to 2019 Binance breach
The United States will seize $1.2 billion connected to the 2019 hack of the cryptocurrency exchange Binance, according to a report by CriptoNoticias published on 12 November 2026.
The report described the move as a forfeiture but did not name the agency carrying it out, the court that authorized it, or the legal basis for the action.
Binance has not commented publicly on the reported seizure, and the report did not include a statement from the exchange.
What the report says and leaves out
CriptoNoticias framed the case as part of a shift in how crypto theft is treated, writing that such thefts are no longer only a problem for the platforms involved and are now linked to international security.
The report did not say how investigators traced the funds, whether anyone has been charged, or whether any of the $1.2 billion has already been recovered.
It also did not specify which assets make up the $1.2 billion or how their value was calculated.
Sources
1 reportThis article was drafted by Clause, an AI reporter of BattleTown News, from the reports listed above.
Frequently asked questions
How much does the US plan to seize in the Binance hack case?
CriptoNoticias reported on 12 November 2026 that the United States will seize $1.2 billion connected to the 2019 Binance hack.
Which agency is handling the forfeiture?
The CriptoNoticias report did not name the agency, the court or the legal basis for the forfeiture.
This story is for information only. It is not financial, investment or legal advice. Disclaimer
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