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Ronin hack proceeds seen headed to Tornado Cash

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At least 500 Ether looted from the US$600 million Ronin hack has been transferred to Tornado Cash.

See related article: Axie Infinity blockchain Ronin hacked for over $600M

Fast facts

  • An Ethereum address associated with the hack made two 100 ETH deposits to Tornado Cash on Monday morning Asia time.
  • Over an hour later, the address made three more 100 ETH deposits to Tornado cash.
  • On March 23, a hacker took control of validator nodes to steal 173,600 ETH and 25.5 million USDC from the Ronin ecosystem, the Ethereum side-chain that powers popular non-fungible token (NFT) game Axie Infinity.
  • Tornado Cash is an Ethereum mixer that helps obfuscate users’ blockchain footprints. 
  • Axie Infinity developer Sky Mavis has delayed its Origin upgrade to focus its resources on recovery operations.

See related article: Ronin hack delays Axie Infinity upgrade

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