Binance recovers $5.8 million stolen in the Axie Infinity exploit

Following the last month’s Axie Infinity exploit, attributed to the North Korean hacker group “Lazarus”, according to the Ronin Network, the Binance founder – Changpeng Zhao said in a tweet that his company has managed to recover $5.8 million dollars stolen in the attack. The hacker group tried to move the assets through Tornado Cash into 86 separate Binance accounts.

Although part of the funds stolen in the attack was intercepted, some $285 million worth of ETH tokens remain in the exploiter’s wallet address. Previously, the attackers had been transferring funds from the wallet, marked as Ronin Bridge Exploiter on Etherscan, to Tornado Cash and from there to numerous other wallets. It remains to be seen whether any other funds will be recovered in the future.