Blockchain & Cryptocurrency , Cryptocurrency Fraud , Cyberwarfare / Nation-State Attacks
Confiscated Cryptocurrency Tied to $620 Ronin Bridge Hack Akshaya Asokan (asokan_akshaya) • February 20, 2023 A chunk of cryptocurrency stolen from the Ronin Bridge in 2022 was clearly pining for the fjords. (Image: Shutterstock)Norwegian authorities confiscated crypto assets worth nearly $5.68 million tied to the 2022 Ronin cryptocurrency bridge hack by North Korean state threat actor Lazarus Group.
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Norway's National Authority for Investigation and Prosecution of Economic and Environmental Crime - in Norwegian, it's known as the Økokrim - on Thursday revealed it had retrieved a part of the hacked amount from the Ronin attackers, who in March 2022 stole $620 million worth of cryptocurrency (see: Feds Offer $5 Million to Help Disrupt North Korean Hackers).
The authority describes the seizure as Norway's largest-ever crypto seizure and says it ranks among the country's largest cash seizures ever made. National police worked alongside the U.S. FBI and Department of Justice. The FBI within weeks of the attack attributed the attack to the Lazarus Group, the Pyongyang hacking group active since at least 2010.
Stolen cryptocurrency has become a principle source of ha ..
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