Norwegian police agency Økokrim has seized $5.84m worth of cryptocurrency stolen by the North Korea-backed hacking group, Lazarus, following the Axie Infinity Ronin Bridge hack in March 2022. Økokrim said that it worked with international law enforcement partners to follow and piece together the money trail, making it more difficult for criminal actors to carry out money laundering activities.
The development comes as blockchain analytics firm, Elliptic, revealed that another cryptocurrency mixer, Sinbad, may have laundered nearly $100m in Bitcoin from hacks attributed to the Lazarus Group, and the hacking group continues to evolve with new anti-forensic techniques.
