Jeff Jiho Zirlin, a prominent figure behind Axie and Ronin, recently fell victim to a hacking incident that saw his personal crypto wallet drained of $9.7 million.

Approximately $9.7 million in Ethereum was illicitly taken from wallets linked to the Axie Infinity game. Ronin network The significant sum was extracted on Thursday and routed through the Tornado Cash mixer.

The co-founder of Ronin and NFT Following the hack, Jeff Jiho Zirlin expressed his feelings about the incident on Twitter (X). Security firms PeckShield and Webacy analyzed that around 3,248 ETH was stolen from wallets on the Ronin network and then transferred to three Ethereum wallets via the network’s bridge.

The stolen ETH These funds were subsequently processed through Tornado Cash, an automated platform that mixes funds from various users to mask their ultimate destinations.

Acknowledging the situation, Zirlin shared on X, stating, \"This morning has been quite challenging for me. Two of my addresses are now compromised. The intrusion is confined to my personal accounts and does not affect the validation or operations of the Ronin chain.\"

"Moreover, the compromised keys have no relevance to the operational aspects. I wish to reassure everyone that we uphold strict security protocols for all activities pertaining to the chain.\" Sky Mavis \"Thank you to everyone who has reached out to me. I’m safe and will navigate through this. I’ll persist in moving forward alongside all of you on this incredible journey,\" Zirlin continued.

Two of my wallet addresses have been breached.

The Security of Ronin Network Remains Intact Following Recent Incident Airdrops Calendar .

In a separate tweet, fellow Sky Mavis co-founder Aleksander 'Psycheout' Larsen reiterated Zirlin’s sentiments, clarifying that the attack had no link to the security of the Ronin Network, its Ethereum bridge, or the funds managed by Sky Mavis.

Responding to a now-deleted tweet, Larsen asserted, \"The bridge itself is secure and Ronin remains uncompromised. A wallet on the other hand has clearly been breached, which can happen on any blockchain. The funds are being funneled through Tornado Cash.\"

He further commented, \"The bridge maintains exceptional security standards, has undergone various audits, and halts withdrawals under suspicious circumstances.\"

At the moment, the trading price stands at $2,923, reflecting a nearly 3% decrease.

Ethereum In the last month, the value of Ronin tokens (RON) has experienced significant volatility. Starting at $2.27, the token saw a remarkable rise to a high of $3.49, before facing a correction that brought it down to $2.40.

Following this, there was another surge, nearly reaching the $3.50 mark around February 20th. However, the token swiftly dropped to its current price of $2.97, marking a monthly increase of 31.52%.

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