Ronin Bridge Hack
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 Ether (ETH) into Bitcoin (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 March 23 attack. The majority of the stolen funds were originally converted into ETH and sent to now sanctioned Ethereum crypto mixer Tornado Cash before being bridged over to the Bitcoin network and converted into BTC via the Ren protocol. I’ve been tracking the stolen funds on Ronin Bridge.I’ve noticed that Ronin hackers have trans...
