U.S. seizes $30 mln of crypto from North Korea-linked hackers | Crypto

U.S. seizes $30 mln of crypto from North Korea-linked hackers

– The United States has seized over $30 million in cryptocurrency stolen by North Korean-linked hackers Lazarus from the popular online game Axie Infinity, crypto intelligence firm Chainalysis said on Thursday.

– Chainalysis said in a blog post it played a role in the recovery with U.S. law enforcement and other crypto organizations, without naming them, in the first ever recovery of stolen cryptocurrency by a North Korea hacking group.

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

– “We estimate that so far in 2022, North Korea-linked groups have stolen approximately $1 billion of cryptocurrency from DeFi protocols,” Chainalysis said.

3KYK4URS65INHMMSSTBNZFFOX4 U.S. seizes $30 mln of crypto from North Korea-linked hackers

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