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Brunei
Wednesday, October 5, 2022
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Brunei
Wednesday, October 5, 2022
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    US seizes USD30M in crypto from North Korea-linked hackers

    CNA – The United States (US) has seized over USD30 million in cryptocurrency stolen by North Korean-linked hackers Lazarus from the popular online game Axie Infinity, crypto intelligence firm Chainalysis said on Thursday.

    The company said in a blog post it played a role in the recovery with US law enforcement and other crypto organisations, without naming them, in the first ever recovery of stolen cryptocurrency by a North Korea hacking group.

    Chainalysis and North Korea’s mission to the United Nations did not immediately respond to requests for comment.

    The FBI did not immediately respond to a request for comment.

    The seizures represent about 10 per cent of the total funds stolen in March from Ronin Network, a sidechain built for the play-to-earn game Axie Infinity, Chainalysis said.

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