Home Crypto News Norway’s Økokrim Seized $5.9M in Crypto Linked to Axie Hack

Norway’s Økokrim Seized $5.9M in Crypto Linked to Axie Hack

by Cryptoroz

Norwegian authorities labored shoulder to shoulder with the FBI and DoJ to grab illegally obtained funds.

Norway’s Nationwide Authority for Investigation and Prosecution of Financial and Environmental Crime (Økokrim) has seized $5.85 million (60 million Norwegian kroner) in crypto tied to the Axie Infinity Ronin hack.

In accordance with the announcement shared on February sixteenth, in an effort to seize the property,  Økokrim labored hand in hand with the Federal Bureau of Investigation (FBI) and the US Division of Justice (DoJ).

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In its announcement, Økokrim claimed that it is likely one of the largest money seizures made in Norway.

When speaking in regards to the investigation, Senior Public Prosecutor Marianne Bender famous:

Økokrim is nice at following the path of cash. This case reveals that we even have an awesome capability to comply with the cash on the blockchain, even when the criminals use superior strategies.

The Axie Infinity Ronin hack, which passed off on March twenty third, was the greatest this 12 months and the biggest crypto-related hack to ever happen. Through the exploit, malicious actors reportedly stole round $612 million value of crypto within the type of Ether (ETH) and USD Coin (USDC).

Within the assertion, Økokrim revealed that the Federal Bureau of Investigation (FBI) has just lately linked the hack to the North Koren hackers referred to as Lazarus Group. It’s believed that Lazarus Group was particularly energetic in 2022 and managed to steal between $1 to $2 billion in crypto.

Senior Public Prosecutor Marianne Bender claimed that Lazarus Group hackers use illegally obtained funds to help North Korea and “their nuclear weapons programme.”

Norwegian authorities revealed that it will likely be contacting the Ronin Bridge creator Sky Mavis in order that affected customers would obtain stolen funds “to the best extent potential.”

Gile K. - Crypto Analyst

by Gile Okay. – Crypto Analyst, BitDegree

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