North Korea's Crypto Heist Seized by Norwegian Police, How Did They Do It?

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North Korea's Crypto Heist Seized by Norwegian Police, How Did They Do It?
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Norway has made its largest ever cryptocurrency seizure

"We work with FBI specialists on tracking cryptocurrency," said First State Attorney Marianne Bender, praising the results of the cooperation.

The aim of the money launderers is to get the cryptocurrency out into other forms of currency that can be used in the physical world.uses ill-gotten money in order to support its nuclear weapons program. Therefore, he has stressed that it is important to track cryptocurrencies and try to stop North Korean cybercriminals from cashing out their ill-gotten funds.

The unit will continue to follow the money laundering process of the hackers and try to stop and confiscate money they try to withdraw in the physical world in the future. The seizure originates from money stolen from the game Axie Infinity, and North Korean authorities will work with Sky Mavis to ensure that the aggrieved parties get the money back to the greatest extent possible.

The police agency is pleased with its cooperation with the FBI and the U.S. Department of Justice in this case, which shows the effectiveness of international collaboration in the fight against digital crime.

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