Summary
Approximately $9.5 million worth of Ethereum was stolen from wallets on the Ronin gaming network and routed through the Tornado Cash mixer. Co-founder of Ronin and Axie Infinity, Jeff “Jiho” Zirlin, confirmed his personal wallets were compromised, but assured that it did not affect the Ronin chain’s operations. The attack was limited to personal accounts and had no impact on the security of the Ronin network. The price of Ronin briefly plunged as the stolen funds were withdrawn, but has since recovered. This incident comes two years after Ronin’s Ethereum bridge was hacked for $622 million, with authorities recovering $30 million and Sky Mavis fully refunding affected users.
Key Points
1. Approximately $9.5 million worth of Ethereum was stolen from wallets on the Ronin gaming network and routed through the Tornado Cash mixer, impacting the co-founder of Ronin and NFT game Axie Infinity.
2. About 3,250 ETH ($9.5 million) was taken from Ronin network wallets and sent through the network’s bridge to three separate Ethereum wallets, then routed through Tornado Cash to obfuscate its origin.
3. The attack on personal wallets, including those of Jeff “Jiho” Zirlin, co-founder of Ronin and Axie Infinity, was limited to personal accounts and did not affect the validation or operations of the Ronin chain or Sky Mavis.