'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.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Law enforcement recovers $30 million from Ronin Bridge hack with the help of ChainalysisThe seizures represent approximately 10% of the total funds stolen from Axie Infinity.
Read more »
How a Banksy Mural Pushed the Value of This LA Building up to $30 MillionThe famous piece of street art could double the value of the art nouveau landmark being auctioned off.
Read more »
Ricky Martin Sues 'Maladjusted' Nephew for $30 Million Over Retracted, 'False' Sex Abuse ClaimsRicky Martin has filed a hardline $30 million extortion lawsuit against the “maladjusted” nephew who publicly accused the superstar musician of sex abuse before withdrawing the claims under oath in July.
Read more »
300+ gallons for $30? Men accused of using device to steal gas face felony chargesTwo men accused of stealing hundreds of gallons of fuel from a 7-Eleven gas station each face a felony charge of grand theft, as well as other charges, according to the Nassau County Sheriff’s Office.
Read more »
UPS is hiring 100,000 seasonal workers for the upcoming holiday seasonUPS is looking to hire more than 100,000 workers for the upcoming holiday shopping season, with pay rising to as much as $30 an hour for certain positions and locations.
Read more »