US seizes $30M from North Korean hackers behind Axie Infinity mega-heist
While just a fraction of what the Lazarus Group stole, the seizure is a win against rampant North Korean cybercrime
Authorities have recovered $30 million worth of stolen cryptocurrencies linked to North Korea’s mega-heist against blockchain videogame Axie Infinity earlier this year, security researchers said Thursday.
Chainalysis, a blockchain analytics firm, said in a blog that it and law enforcement were able to recover the stolen funds by tracing their path through a dizzying flurry of transactions in cryptocurrency mixer Tornado Cash and other decentralized finance (DeFi) protocols.
Chainalysis Senior Director of Investigations Erin Plante said that the seizures represent roughly 10% of the total funds stolen from Axie Infinity, and that the operation demonstrated that
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