Breaking News: The US Department of Justice has seized $1.2 billion of the $6.3 billion stolen from Binance (@binancezh) that was frozen! In the Binance theft, Tether and Circle froze a total of $2.7 billion, and this $1.2 billion is from that frozen amount, obtained with court authorization. Some are worried that it might end up in Trump's Bitcoin reserves? Answer: Probably not. Those reserves contain BTC that the court ultimately ordered to be confiscated. This is just a seizure and freeze; the money hasn't returned to the US yet. Further confiscation procedures are underway, and the seized items are stablecoins, not BTC. The Department of Justice's original statement was to "seize and return" North Korea's ill-gotten gains. @cz_binance's money is almost back! Hopefully, the rest will also be returned to their rightful owners soon!