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Sky Mavis recovers $5.7M from Ronin Bridge hack

Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs while the rest will return to the Axie treasury.

Sky Mavis, the company behind the popular play-to-earn (P2E) game Axie Infinity, has announced that, with the assistance of Norwegian authorities, it has recovered $5.7 million from the notorious Ronin Bridge incident of 2022.

On June 7, Sky Mavis announced that Norway’s central unit for fighting economic and environmental crimes, called “Økokrim,” froze and returned $5.7 million in funds from the Ronin Bridge hack.

Sky Mavis said the efforts required coordination between law enforcement, lawyers, accountants and blockchain forensic teams like Chainalysis.

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Norwegian Authorities Seize Nearly $6,000,000 in Crypto Stolen in 2022 Hack on Axie Infinity (AXS) Ronin Network

Norwegian Authorities Seize Nearly ,000,000 in Crypto Stolen in 2022 Hack on Axie Infinity (AXS) Ronin Network

Norway’s central unit for fighting economic crimes has seized some of the crypto assets that hackers stole from the Ronin Network, an Ethereum (ETH)-linked sidechain made for the blockchain game Axie Infinity (AXS). In March, attackers believed to be from the North Korean cybercriminal organization Lazarus group hacked the private keys of the Ronin bridge […]

The post Norwegian Authorities Seize Nearly $6,000,000 in Crypto Stolen in 2022 Hack on Axie Infinity (AXS) Ronin Network appeared first on The Daily Hodl.

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