Binance CEO says exchange seized $5.8 million from Axie hackers

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Binance CEO says exchange seized $5.8 million from Axie hackers
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After the theft, US regulators identified the hackers to be the Lazarus Group, a North Korean entity associated with the regime.

Changpeng “CZ” Zhao, CEO of the Binance crypto exchange, said his team was able to seize $5.8 million from North Korean hackers who last month stolethe hackers to be the Lazarus Group, a North Korean entity associated with the regime.today that the exchange was able to recover $5.8 million from hackers who had moved a part of the stolen funds to Binance and spread it over 86 user accounts. He did not clarify who the user accounts belonged to.how the hackers had laundered 7.

The Axie team previously said that it was working closely with crypto exchanges to track down the stolen funds.

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