FBI blames North Korea in Axie Infinity hack

FBI The latest report shared by the popular NFT game in the past weeks Axie Infinity hack revealed who was behind the attack. North Korea-backed $625 million crypto heist, according to FBI Lazarus performed.

There was an incredible security breach on the Ronin Network, which is linked to the blockchain gaming platform Axie Infinity. Sharing the same Ethereum chain with Axie Infinity, Ronin fell into the network of hackers and stole $ 625 million.


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FBI says Axie Infinity robbers are North Korea

Recent reports from the USA, North Korean-backed Lazarus groupthe Ethereum-based chain of Axie Infinity Ronin Network He claimed to have committed the theft. The Treasury Department’s Office of Foreign Assets Control (OFAC) has announced new sanctions against the Ethereum wallet belonging to Lazarus.

Blockchain analytics firms Elliptic and Chainalysis are owned by the U.S. Treasury. Sanction against Lazarus He examined the wallet he was going to apply. This wallet has been confirmed to be the same address used in the Ronin attack.

According to DeFiYield REKT, which tracks DeFi scams, 173,600 Ethereum and $25.5 million worth of USDC were stolen. So the latest Ronin Network attack, biggest decentralized finance scam to date means.

Blockchain analytics firm Elliptic stated that the wallet currently holds 148,000 Ether. Lazarus, who managed to launder 14 percent of the stolen money ($ 87.5 million), is preparing to launder $ 9.7 million worth of money.

Sanctions announced by the United States against Lazarus are defined by US individuals and organizations. Transaction to Ethereum account forbids him to do it. In this way, it is aimed that the crypto money collected through the US-based crypto exchanges cannot be converted into cash.

The information from the blockchain company Elliptic was as follows:

“Many commentators believe that crypto assets stolen by the Lazarus Group are being used to fund the state’s nuclear and ballistic missile programs. With recent reports that North Korea may be preparing for another nuclear test, Lazarus must be prevented from laundering the proceeds of the attacks.”

Sky Mavis Ronin Network, which belongs to the developer group, said that a full report of the crypto theft will be available by the end of the month. Ronin also announced that it will re-allow users to transfer funds between other blockchains and Axie Infinity until next month.

What about the report on the Axie Infinity crypto heist by the FBI? Do not forget to share your views with us in the comments section or on the SDN Forum.

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