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US government disrupts North Korean 'FaceStealer' campaign behind $400 million crypto theft

US authorities have dismantled the North Korean-directed social engineering campaign called 'FaceStealer,' which was responsible for stealing more than $400 million in cryptocurrency. The campaign used manipulation tactics against victims to conduct these thefts. The disruption marks a significant effort by the US government to combat international cybercrime linked to North Korea.

Why it matters

Disrupting this campaign reduces financial crime and cyber threats on global cryptocurrency markets and sends a message against state-linked cyber theft operations.

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