Axie Infinity Hackers Transfer 33.5k ETH to a New Ethereum Address as the US Treasury Intensifies Sanctions

2 years ago

Summary:

The Ronin Network, Axie Infinity hackers, person transferred 33,568.152 ETH to a caller address
61,253.416 ETH present remains successful the Ethereum code that stored the archetypal funds from the hack
The US Treasury has intensified sanctions aimed astatine blocking Ethereum addresses associated with the hack
Decentralized mixing platforms specified arsenic Tornado Cash person complied with the sanctions

The Ronin Network, Axie Infinity hackers person transferred 33,568.152 ETH from the archetypal Ethereum code utilized to orchestrate the attack. The question of funds from the Ethereum code was archetypal highlighted by the squad astatine Wu Blockchain, who besides pointed retired that the archetypal code present holds 61,253 ETH.

The Ronin Network hacker code (0x098B7…) erstwhile again transferred 33,568 ETH to a caller address, and the existent hacker code inactive has astir 61,253 ETH.

The US Treasury Intensifies Sanctions connected the Ethereum Addresses utilized by the Axie Infinity Hackers

The determination of 33.568k ETH from the archetypal Ethereum code utilized to transportation retired the Ronin Network exploit comes successful the aftermath of the US Treasury intensifying sanctions against addresses linked to the hack.

At the clip of writing, the Office of Foreign Assets Control astatine the US Department of the Treasury has identified and sanctioned the pursuing ETH code linked to the state-sponsored North Korean hacker group, Lazarus. The second has been straight related to the event.

Address – ETH 0x098B716B8Aaf21512996dC57EB0615e2383E2f96

Address – ETH 0xa0e1c89Ef1a489c9C7dE96311eD5Ce5D32c20E4B

Address – ETH 0x3Cffd56B47B7b41c56258D9C7731ABaDc360E073

Address – ETH 0x53b6936513e738f44FB50d2b9476730C0Ab3Bfc1

Chances are that the code present holding 33.568k ETH (0x35fB6f6DB4fb05e6A4cE86f2C93691425626d4b1) volition soon beryllium added to the database successful the days to follow.

Ethereum Mixer, Tornado Cash, Adheres to Sanctions

Every since the hack happened successful precocious March, the perpetrators of the Axie Infinity hack person been successfully utilizing the fashionable Ethereum mixer of Tornado Cash to launder their ill-gotten wealth. The squad astatine PeckShield has been actively tracking the question of funds from a bulk of Ethereum addresses linked to the hackers.

One specified illustration tin beryllium recovered below, wherever 2,900 ETH was sent to Tornado Cash via an intermediary code that has yet to beryllium added to the authorisation list.

#PeckShieldAlert ~2,900 $ETH (~$8.7m) into @TornadoCash from @Ronin_Network exploiters
Intermediary address: 0xBc5639887283eaF1B8E966e0b2fa6998D2ec6404 pic.twitter.com/0HfGDEJ8Qp

— PeckShieldAlert (@PeckShieldAlert) April 15, 2022

The squad astatine Tornado Cash has announced their commitment to adhere to the sanctioned database from the Office of Foreign Asset Control (OFAC) of the US Treasury. However, the question present remains whether the OFAC tin support up with the velocity astatine which the Lazarus radical is continually moving the stolen funds to caller addresses.

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