On Thursday, the US Treasury approved the Lazarus Group, a wide range of hackers believed to work on behalf of the North Korean government. The Treasury has authorized the specific “wallet” or cryptocurrency address used to monetize in the Axie Infinity hack.
“For example, unlike retailers, hacking the cryptocurrency business is essentially a bank robbery at the speed of the Internet, funding North Korea’s volatile activities and the spread of weapons,” TRM said. Ari Redbord, Head of Legal Affairs for the Lab, said. It investigates financial crimes. “As long as they are successful and profitable, they will never stop.”
Google has a policy to notify targeted users of country-sponsored hackers.
“It seems like an ongoing strategy for them to supplement and make money through this activity,” Huntley told CNN.