Changpeng Zhao has revealed that the exchange was able to recover close to $6 million from North Korean hackers who stole $600M from Axie Infinity.
Binance led a funding round that raised $150 million for Axie which the entity used to refund some of the players who were affected by the massive hack.
After they made off with over $600 million from Axie Infinity in the largest hack of its kind to date, hackers linked to the North Korean government are now cashing out their loot. In one such instance, they attempted to cash out through Binance and the exchange was able to snatch close to $6 million from the hackers, founder and CEO Changpeng Zhao has revealed.
CZ took to Twitter to reveal that his exchange had managed to thwart the cash-out process, recovering $5.8 million from the hackers. While this represents a very small portion of the $600 million stolen, it’ shows that the hackers will have a hard time laundering their money.
CZ wrote:
The DPRK hacking group started to move the
