Pål K. Lønseth

Today we received some exciting news from the Norwegian government and Økokrim. The Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) has successfully frozen and returned 5.7 M USD in stolen assets from the Ronin bridge incident. We'd like to publicly extend our heartfelt gratitude to everyone who assisted in the recovery efforts, especially Økokrim and the FBI in the US, for their tireless effort to track down and recover these assets for the Axie and Ronin communities. Recovery of these assets requires close coordination and dedicated effort amongst law enforcement agencies, lawyers, accountants, and blockchain forensic teams such as Chainalysis. ~ 15% of recovered assets will be used to cover costs and expenses incurred by those involved in the recovery efforts. The remaining 85% of recovered funds will be deposited into the Axie Infinity treasury. We’d also like to take this moment to remind the community that ~ 40 M USD in separate assets have been frozen by the law enforcement authorities. These assets will take some time to recover and we don't have enough information to give guidance around a specific timetable for recovering and returning this separate pool of assets.