The Ronin Network hackers have so far moved ~$32M of the $600M+ stolen funds, highlighting how the blockchain's ledger makes tracking money laundering easier
David Uberti / Wall Street Journal : Tweets: @jonsarlin , @alexhern , @peckshieldalert , @web3isgreat , @peckshieldalert , @peckshieldalert , and @anthony Tweets: Jon Sarlin / @jonsarlin : @Jihoz_Axie @smdiehl The Axie hacker has begun moving the stolen eth into Tornado Cash https://twitter.com/... Alex Hern / @alexhern : Bizarre take to conclude that sitting on $600m of stolen funds with near-zero risk of them ever being successfully seized, while apparently successfully laundering *$32m* in *a single week* shows laundering crypto is tricky https://www.wsj.com/... @peckshieldalert : #PeckShieldAlert ~1,775 $ETH (~$6m) from intermediary address 0xdf225c84a0eaeaaac20e6c1d369e94ee13b9d f2a into a new address 0x01a5d51057a82818d68d8f3b76ef0ac69a99a 911 @Ronin_Network #onthemove https://twitter.com/... @web3isgreat : The exploiters of Axie and its Ronin Network just moved another $10 million of the funds they stole late last month, this time to a crypto tumbler. Tumblers (aka “mixers") are a tool that make it difficult to trace stolen crypto. https://twitter.com/... https://en.wikipedia.org/... https://twitter.com/... @peckshieldalert : #PeckShieldAlert ~1,500 $ETH (~$5.3m) into @TornadoCash from @Ronin_Network exploiters intermediary address 0xdf225c84a0eaeaaac20e6c1d369e94ee13b9d f2a #onthemove https://twitter.com/... https://twitter.com/... @peckshieldalert : #PeckShieldAlert ~1,500 $ETH (~$5.3m) into 0xdf225c84a0eaeaaac20e6c1d369e94ee13b9d f2a from @Ronin_Network exploiters #onthemove https://etherscan.io/... https://twitter.com/... Anthony DeRosa / @anthony : Hacking crypto is the easy part, it's the laundering that gets tricky: https://www.wsj.com/...