Cryptocurrency exchange Binance has recovered $5.8 million of stolen funds during the Axie Infinity hack spread across 86 accounts.
The exchange’s founder Changpeng Zhao says that the DPRK hacking group began to transfer their loot today, where part of it was based in Binance.
The US securities agencies have linked the $625 million heist to a North Korean state-sponsored group of hackers called Lazarus.
Axie Infinity developer Ronin Network notes that the Treasury has sanctioned the looted assets, which is considered one of the largest hacks in the cryptocurrency space.
The malicious actors had initially used the privacy tool, Tornado Cash, to exchange the stolen funds for ether and other digital currencies.
The trails of the marked addresses tagged Ronin Bridge Exploiter on Etherscan reveals that thousands of ether tokens have been moved in the past few days. The wallet currently holds about $285 million in ETH.
The DPRK hacking group started to move their Axie Infinity stolen funds today. Part of it made to Binance, spread across over 86 accounts. $5.8M has been recovered. We done this many times for other projects in the past too. Stay #SAFU.— CZ 🔶 Binance (@cz_binance) April 22, 2022