Ronin Bridge Hack US seizes 30 million worth crypto assets

The United States seized $30 million worth of cryptocurrency stolen by North Korea-linked hackers. The news was released by blockchain data platform Chainalysis. Together, they could seize more than $30 million worth of cryptocurrency. The Ronin Network executes transactions related to the gaming company, Axie Infinity. On 29 March 2022, the Ronin Blockchain team informed in a blogpost that it had been exploited for 173,600 ETH and 25.5 million USDC. These two transactions led to a collective loss of $625 million. The DeFi protocol said that it was working directly with various government agencies to ensure that the criminals are brought to justice.