Norway confiscates Krypto worth $ 6 million, which was stolen from Axie Infinity Hack

Norway confiscates Krypto worth $ 6 million, which was stolen from Axie Infinity Hack

The Norwegian police confiscated cryptocurrencies worth almost 60 million crowns ($ 5.9 million).

The assets were previously stolen by the notorious North Korean hacking collective-the Lazarus Group-which violated the safety of the blockchain-based game Axie Infinity.

The record confiscation

Norway's National Authority for the investigation and persecution of economic and environmental crime (Økocrim) confiscated Digital currencies worth almost 6 million US dollars, a record-breaking crypto confiscation in the Scandinavian country.

The agency found that the funds of the massive exploit of North Korean hackers at Sky Mavis (a technology company that is developing the popular blockchain-based game Axie Infinity).

Økocrim joined with international law enforcement partners, including the FBI, to track down the stolen revenue and to prevent the culprits from money laundering.

"We are working with FBI specialists on the persecution of cryptocurrencies. This cooperation between the countries means that we, as a society, are more in the fight against digital, profit-oriented crime," said first prosecutor Marianne Bender.

Marianne Bender, Økocrim

She continued that the main goal of the hackers was to support the totalitarian regime in North Korea and to fuel its nuclear weapons programs.

"It was therefore important to pursue the cryptocurrency and try to stop the money when they try to withdraw it in physical values," she added.

Bender praised the efforts of Økocrim and said, this case "shows that we also have a great ability to pursue the money on the blockchain, even if the criminal advanced methods apply.

The Center for New American Security (CNAS) Warned Last year that North Korea's notorious Hacking Group-The Lazarus- Army of cybercriminals and foreign subsidiaries ”. It also uses "sophisticated" techniques to deduct assets from blockchain organizations.

North Korea: A world's leading company in crypto crime

One of the biggest hacks in the history of crypto last spring, when criminal steel ETH value Ronin Bridge's $ 25.5 million (an Ethereum-Sidechain developed for Axie Infinity). After carrying out an investigation that FBI determined that the Lazarus group was behind the crime.

The blockchain analysis company-elliptic enterprises- revealed The hacker collective was responsible for another attack 100 million dollar Exploit on Harmony’s Horizon Bridge.

also examined the matter analysis, Preserver-Spaces = "True"> In 2022 Cryptocurrencies in the record value of 1.7 billion Dollar stolen and 65 % of these funds from defi protocols.

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