Cryptocurrencies stolen from the Ronin network, which served as a bridge for the Axie Infinity game at the end of March, are now being laundered on the Bitcoin network after Tornado Cash.
As it is known, on March 30, Axie Infinity, one of the most popular blockchain games in the worldused by players of Ronin bridge attacked by hackers and hackers left the platform 173,600 Ethereum and about $25 million USDC had stolen. Stolen cryptocurrencies after a while are the controversial mixer these days. Tornado Cash was transferred to it.
Millions of dollars, which have been waiting for a while, are now through decentralized exchanges. renBTCIt was converted to . and moved onto the Bitcoin network. Then the funds moved from the renBTC protocol chipmixer and blender It was transferred to intermediary platforms that increase the confidentiality of transactions by breaking the on-chain connection between the source and the target.
To convert the cryptocurrencies stolen by the attackers to renBTC 1inch and Uniswap They are known to use decentralized exchanges. The use of such decentralized exchanges after Tornado Cash worries users who have invested in local cryptocurrencies of these exchanges.
The fact that the US-based Office of Foreign Assets Control (OFAC) recently banned Tornado Cash wallets on the grounds of money laundering brings up the possibility of a similar sanction being imposed on 1inch and Uniswap. In addition, OFAC concurrently with the Tornado Cash ban. Blender that acts as a mixer on the Bitcoin networkIt also imposed sanctions. Pointing out that the stolen assets of Axie Infinity, which is the subject of the news, were transferred to Blender as a reason, US officials said, It does not seem likely to hold back from imposing similar sanctions in the future..