'This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized,' says Chainalysis. crypto northkorea hackers
“This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident it won’t be the last,” the firm’s director of investigations said.Erin Plante, a senior director of investigations at blockchain data analytics firm Chainalysis, revealed Thursday at the Axiecon event that authorities have seized millions of dollars in cryptocurrency from North Korean hackers.
“The seizures represent approximately 10% of the total funds stolen from Axie Infinity ,” Plante described, noting that Chainalysis played a role in the seizures by utilizing “advanced tracing techniques to follow stolen funds to cash out points and liaising with law enforcement and industry players to quickly freeze funds.”
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