Ronin hackers transferred stolen funds from ETH to BTC using Cointelegraph-sanctioned mixers

Ronin hackers transferred stolen funds from ETH to BTC, using sanctioned mixers

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

The hacker’s activity was tracked by on-chain investigator ‘₿liteZero’ who works for SlowMist and contributed on the company’s 2022 Mid-Year Blockchain Security Report. They outlined the transaction trail of the stolen funds since the March 23 attack.

Platforms where the hackers transferred BTC. Source: SlowMist.BTC balances on platforms after the hackers withdrew funds. Source: SlowMist.

Read more on Coin Telegraph

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