Norwegian police seize $5.9M stolen in Axie Infinity breach

 

Norwegian police have seized $5.9M that was stolen in last year's $620M Axie Infinity breach from the Lazarus Group.

 This is one of the largest operations of its kind in Norway's history.


  • In March 2022, North Korean hackers conducted one of the largest-ever crypto hacks, stealing $620M from the Ronin Bridge sidechain of Axie Infinity.
  • During this breach, Lazarus Group stole cryptocurrency that belonged to 750 Norwegian citizens, causing the country's police to initiate an investigation.
  • Once they tracked the addresses tied to the breach, authorities cooperated with popular cryptocurrency exchange Binance to freeze the funds.
  • Norway law authorities stated that the operation was conducted in cooperation with the FBI.
  • Norway's officials stated that the funds that North Korea-backed hackers steal are used to develop the country's nuclear program, a sentiment that has been shared in the past by U.S. authorities.


  • Lazarus became famous when it hacked Sony Pictures in 2014 and leaked films, emails, and personal data belonging to 4,000 employees. This breach is believed to have been launched as revenge for the film "The Interview," which parodied Kim Jong-un.


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