Sky Mavis, the creator of the popular play-to-earn game Axie Infinity, has announced the recovery of $5.7 million from the Ronin Bridge hack with the assistance of Norwegian authorities.
On June 7, Sky Mavis revealed that Norway’s central unit for combating economic and environmental crimes, known as “Økokrim,” froze and returned the funds from the 2022 Ronin Bridge incident.
This recovery effort involved coordination among law enforcement agencies, legal professionals, accountants, and blockchain forensic teams like Chainalysis. Sky Mavis expressed gratitude to the Norwegian government and the United States Federal Bureau of Investigation (FBI) for their collaboration in tracking and retrieving the assets.
Some of the recovered funds will be used to cover the costs associated with the recovery process, while the remainder will be returned to the Axie treasury.
Summary Review: The successful recovery of funds from the Ronin Bridge hack demonstrates the importance of international cooperation and advanced forensic techniques in combating cryptocurrency-related crimes. Sky Mavis’ efforts, alongside the support of Norwegian authorities and the FBI, highlight the ongoing commitment to safeguarding the integrity of blockchain ecosystems and protecting the interests of users in the gaming and cryptocurrency communities.
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