Stolen cryptocurrencies worth more than US$30 million seized from Lazarus group  

Stolen cryptocurrencies worth more than US$30 million were seized from Lazarus for the first time, Chainanalysis reports. Investigators claim that work still needs to be done to combat cryptocurrency theft, but that this achievement is a path to creating a safer cryptocurrency ecosystem.

Chainanalysis reported that, with the help of law enforcement and other organisations, seized more than US$30 million worth of cryptocurrency stolen by the Lazarus North Korean hacking group. Investigators say that this was the first time cryptocurrencies stolen from this group have been seized and that approximately 10% of the seizures represent the total stolen funds from Axie Infinity. Investigators claim that work still needs to be done to combat cryptocurrency theft, but that this achievement is a path to creating a safer cryptocurrency ecosystem.