Ronin Network (RON) Hacker Moved $90 Million to Tornado; How Much Is on Exchanges?

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Ronin Network (RON) Hacker Moved $90 Million to Tornado; How Much Is on Exchanges?
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.Ronin_Network $RON hacker moved $110 million to exchanges and mixers over 11 days, CertiKAlert says CertiK

The first group, which totals $20.7 million in equivalent, is already sent to various centralized exchanges. Namely, hackers are attempting to sell their loot on FTX and Huobi, two heavyweight CEXes.

Then, almost $90 million in equivalent were transferred to Tornado Cash, the most popular mixer service utilized to obfuscate the history of crypto tokens. The vast majority of crypto obtained by a hacker is still stored on its account: $459 million in equivalent are dormant as of today, April 14, 2022.As covered by U.Today previously, the hack of Axie Infinity's sidechain, Ronin Network , is the largest hacker attack in the history of the DeFi segment.

The net sum of losses eclipsed $625 million. To prevent this from happening again, Sky Mavis, the company behind Axie Infinity and its sidechain Ronin Network , launched an unprecedented $1 million bug bounty campaign.

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