Blockchain Data Indicates $10M Worth Of Ether From The Ronin Exploit In Rotation

More than 5,505 Ether of the Ronin Bridge exploitation seems to be transferred through Tornado Cash, a unique privacy crypto exchange. Blockchain data showed that the address associated with the $625 million Ronin Bridge Attack had begun transferring ether tokens valued at over $10 million. This occurred during the Asian morning hours. The data showed that the Ronin hacker had transferred over 5,505 ether to one unknown account this morning. Additionally, the funds were sent from another Ethereum wallet funded by the prominent hacker’s blockchain address. All these took place within the early hours of Wednesday, as the funds were sent in groups of 100 ether each to the Tornado privacy crypto exchange. The Ronin Bridge Ether Exploit Ronin Bridge is an Ethereum-based sidechain for the play-to-earn game Axie Infinity, an NFT game. It was created by Sky Mavis and is running both Ronin Bridge and Axie Infinity. Related Reading | Bitcoin Market Plunges Into Extreme Fear, How Scary Does It Get? On March 23, cybercriminals exploited The Ronin Bridge Network, and the hackers looted over $625 million worth of assets. The assets comprise 25.5 million USDC and over 173,600 ether. A report on their blog revealed this data. The platform realized the attack when one of its users couldn’t withdraw 5,000 Ether from the Ronin Network. Then, they took to Twitter to notify the public of the security breach on the platform. After the ha...