Axie Owner Says Recovering Stolen Crypto Could Take Two Years

The creator of the popular play-to-earn Axie Infinity crypto game said it expects to recover at least a portion of the roughly $600 million of cryptocurrencies hackers looted from a software system linked to the game, while acknowledging that it may be a lengthy process.

“What we are assuming over the next two years is that some funds will be recovered,” Aleksander Leonard Larsen, chief operating officer of Ho Chi Minh-based Sky Mavis, said in an interview on Thursday. “Two years for Axie is a good time for us to get more information. We’re here to play the long game.” ...