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Approximately $9.5 million worth of Ethereum was stolen from wallets on the "Ronin" gaming network on Thursday, with the funds subsequently routed through the Tornado Cash mixer.
Jeff "Jiho" Zirlin, co-founder of "Ronin," and "Axie Infinity" creator Sky Mavis, confirmed on Twitter that his personal wallets were impacted by the attack, totaling about 3,250 ETH ($9.5 million) stolen from "Ronin" network wallets, Decrypt reported.
“This has been a tough morning for me. Two of my addresses have been compromised,” Zirlin said, adding that “the attack is limited to my personal accounts, and has nothing to do with validation or operations of the Ronin chain.”
Strict Security Measures in Place
He then made it clear that the “leaked keys have nothing to do with Sky Mavis operations. I want to assure everyone that we have strict security measures in place for all chain-related activities.”
In addition, security firms PeckShield and Webacy confirmed the theft and the transfer of funds to three separate Ethereum wallets.
According to The Crypto Times, the stolen ETH was then mixed through Tornado Cash, a service that obscures the origin of cryptocurrency transactions, complicating efforts to trace the funds.
Zirlin assured the community that the attack was limited to his personal accounts and did not affect the validation or operations of the Ronin chain.
'Ronin' Network, Ethereum Not Compromised
Moreover, Aleksander "Psycheout" Larsen, another Sky Mavis co-founder, reiterated that the "Ronin" Network's security and its Ethereum bridge were not compromised, emphasizing that a single wallet was targeted in the attack.
The incident caused a brief plunge in the price of the "Ronin" (RON) token, dropping more than 13% from $3.17 to $2.74 before partially recovering to $2.97. This theft marks another setback for "Ronin," which previously experienced a $622 million hack in 2022 attributed to the Lazarus hacker group.
Despite the challenges, Sky Mavis has committed to refunding all cryptocurrency taken from users during the 2022 heist, underscoring its dedication to protecting its community's assets.
