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U.S. authorities recover $30 million of crypto assets from the ‘Axie Infinity’ exploit

Nishit Jogi by Nishit Jogi
September 10, 2022
in News
Reading Time: 1 min read
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Home » News » U.S. authorities recover $30 million of crypto assets from the ‘Axie Infinity’ exploit

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U.S. authorities and Chainalysis, a Blockchain analyst, together recovered $30 million worth of crypto assets that were stolen during the Axie Infinity hack that happened in March. Axie Infinity is a ‘Play-to-earn’ game running on Ronin blockchain from which hackers stole $625 million back in March. The hack was traced back to Noth Korean hacking group Lazarus. The hackers have still not been able to move the funds away from the Blockchain or convert them into fiat currency, enabling U.S. authorities and Chainalysis to retrieve some funds.

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