![]() ![]() Sky Mavis said it would use a combination of its own balance sheet funds and $150 million raised from investors including Binance to reimburse the lost money. The Ronin hack was one of the largest cryptocurrency heists on record. Hacks have long plagued crypto platforms. Security Council to blacklist the Lazarus Group and freeze its assets, according to a draft resolution reviewed by Reuters on Wednesday. It has been accused of involvement in the "WannaCry" ransomware attacks, hacking of international banks and customer accounts, and the 2014 cyber-attacks on Sony Pictures Entertainment. The United States says the Lazarus hacking group is controlled by the Reconnaissance General Bureau, North Korea's primary intelligence bureau. ![]() Treasury Department has sanctioned the address that received the stolen funds. sanctions.īlockchain analytics firms including Chainalysis and Elliptic said the designation confirmed that North Korea was behind the break-in.Ī person familiar with the matter confirmed that North Korean hackers had been the focus of the cybersecurity firm's investigation for the past couple of weeks.ĬrowdStrike, which was hired by Sky Mavis to investigate the breach, also declined comment.Īleksander Larsen, the co-founder of Sky Mavis, which makes Axie Infinity, declined comment.Ī post on the official Ronin blog said that the FBI had attributed the hack to the Lazarus Group and that the U.S. The spokesperson warned that those transacting with the wallet risk exposure to U.S. sanctions," a Treasury Department spokesperson said, using the initials of North Korea's official name. ![]() "The United States is aware that the DPRK has increasingly relied on illicit activities – including cybercrime – to generate revenue for its weapons of mass destruction and ballistic missile programs as it tries to evade robust U.S. Treasury identified a digital currency address used by the hackers as being under the control of a North Korean hacking group often dubbed "Lazarus." No one has explicitly assigned blame for the hack, but on Thursday the U.S. Ronin, a blockchain network that lets users transfer crypto in and out of the game, said digital cash worth almost $615 million was stolen on March 23. WASHINGTON, April 14 (Reuters) - The United States has linked North Korean hackers to the theft of hundreds of millions of dollars' worth of cryptocurrency tied to the popular online game Axie Infinity, the U.S. ![]()
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