India, Nov. 14 -- US authorities have seized or secured court-authorised restraint of more than $1.2 billion worth of cryptocurrency stolen from Binance last month, the Department of Justice (DoJ) announced, as Washington vowed to intensify action against North Korean cybercriminals accused of financing the regime through large-scale cryptocurrency thefts.

The DoJ recently announced coordinated actions targeting the Democratic People's Republic of Korea (DPRK) government's schemes to generate revenue through cryptocurrency theft.

The measures include the seizure of cloud-based infrastructure used in a North Korean social engineering operation known as "FaceStealer", which has resulted in the theft of more than $400 million worth of cryp...