News US seizes $30M from North Korean hackers behind Axie Infinity mega-heistWhile 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 © Korea Risk Group. All rights reserved. |