Norway has seized a record $5.8 million worth of cryptocurrency that was stolen by North Korean hackers last year, Norwegian police said in a statement on Thursday.
Okokrim said it worked with the U.S. Federal Bureau of Investigation's crypto-tracking specialists.$3.8 billion
, led by attackers linked to North Korea, according to U.S.-based blockchain analytics firm Chainalysis. Sky Mavis, the company behind Axie Infinity, is based in Vietnam but its founder, Aleksander Larsen, is Norwegian. Larsen declined to comment, but in a tweet thanked cryptocurrency exchange Binance for assisting Norwegian police with the seizure.
"When we learn of bad actors on our platform, we intervene and take appropriate action, including freezing funds and working with law enforcement to return funds to their rightful owner," a Binance spokesperson said. North Korea stole more cryptocurrency assets in 2022 than in any other year and targeted the networks of foreign aerospace and defence companies, according to aReporting by Elizabeth Howcroft and James Pearson; Editing by Nick MacfieReports on the intersection of finance and technology, including cryptocurrencies, NFTs, virtual worlds and the money driving "Web3".
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