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Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers

2022.08.22 19:02

Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers
Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers

The hackers behind the $625 million Ronin bridge attack in March have since transferred most of their funds from ETH into BTC using renBTC and Bitcoin privacy tools Blender and ChipMixer.

The hacker’s activity has been tracked by on-chain investigator ‘₿liteZero’, who works for SlowMist and contributed to the company’s 2022 Mid-Year Blockchain Security report. They outlined the transaction pathway of the stolen funds since the Mar. 23 attack.

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