Crypto

The US has returned $30 million worth of cryptocurrency stolen by North Korean Lazarus hackers. – Last news

According to the report chain analysisThe United States seized $30 million in piracyaxi Infinity. So, these are the funds stolen by the North Korean hackers, Lazarus. In addition, the cryptanalytic company chain analysis also helped return some of these funds.

United States is freezing $30 million from crypto stolen Lazarus

Erin Plante, Senior Director of Investigations at a cryptocurrency analytics firm chain analysisannounced the amount of the forfeiture on Thursday at a conference in Barcelona. He said the return was one of the largest for US law enforcement and made it difficult for a North Korean hacker group known as the Lazarus Group to access funds.

“It is a big deal to return any amount of money from the Lazarus Group. This has never happened before.” Factory said

The recovered cryptocurrencies include about $5.8 million seized Binanceas well as several other seizures on various exchanges, it was indicated chain analysis. The company did not name other exchanges, but said the FBI was involved in all cases.

While this represents only a fraction of the hundreds of millions of stolen cryptocurrencies, the amount returned is much higher than previously known. It reflects both growing opportunities federal Analysts say the Bureau of Investigation and other agencies, as well as the priority that the United States gives to the fight against North Korean hackers.

chain analysis cooperates with the game publisher axi Infinity

Game editor axi Infinity“, Sky Mavissaid in March that hackers had infiltrated part of his Ronin The network, blockchain, or digital ledger that the game runs on. Hackers gained access to accounts containing cryptocurrencies and stole 173,600 ethers and 25.5 million coins.USDCstable currency. These assets were worth about $600 million at the time of the theft.

Sky Mavis thus stated that she worked with chain analysiswhich often supports US law enforcement investigations into tracing stolen funds. Company said by tracing the stolen funds to the points where the thieves tried to convert them into fiat currency. Subsequently, law enforcement agencies and partners in the cryptocurrency industry were able to freeze the money.

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