FBI links North Korean hackers to Axie Infinity crypto theft

Analysts warn Lazarus Group may try to launder stolen coins via Asian exchanges

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Sky Mavis, the startup behind crypto game Axie Infinity, said on March 29 it was hit by a $600 million cryptocurrency heist. (Captured image from Axie Infinity website)

WATARU SUZUKI, Nikkei staff writer

TOKYO -- The U.S. Federal Bureau of Investigation on Thursday linked North Korean hackers to a theft of cryptocurrency worth over $600 million from a service tied to popular crypto-based game Axie Infinity.

"Through our investigation we were able to confirm Lazarus Group and APT38, cyber actors associated with the DPRK [Democratic People's Republic of Korea], are responsible for the theft of $620 million in Ethereum reported on March 29th," the FBI said in a news release. The Democratic People's Republic of Korea is North Korea's formal name.

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