"Norway Seizes Millions in North Korean Crypto"

Norwegian authorities have recently tracked and intercepted 60 million kroner ($5.9m) in cryptocurrency stolen last year by North Korean actors in the largest heist of its kind ever recorded.  Norway's economic and environmental crime agency, Økokrim, claimed that the North Korean threat actors have been carrying out a massive money laundering operation ever since the March 2022 raid on Ronin Network.  Vietnamese blockchain game developer Sky Mavis built Ronin Network to function as an Ethereum sidechain for its Axie Infinity game.  Pyongyang-backed APT group Lazarus was able to breach the firm's network after an employee opened a malicious phishing email attachment.  The hackers took an estimated $618m in cryptocurrency and hard cash in the world's biggest-ever cyber-heist.  Økokrim's success comes a few months after investigators said they managed to seize $30m in funds stolen from Ronin.  Økokrim stated that recently seized money will be returned to Sky Mavis so that it can reimburse some of its affected customers.

Infosecurity reports: "Norway Seizes Millions in North Korean Crypto"