Ronin hack proceeds seen headed to Tornado Cash

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