Ronin bridge Hackers used ChipMixer to launder over 73M of stolen funds

An on-chain investigation by SlowMists reveals that the privacy protocol ChipMixer was used by Ronin bridge hackers (the Lazarus Group) to launder 3,460 BTC ( $73.2 million as per press time). In a mid-year report by blockchain security firm, SlowMist, an on-chain investigation of the Ronin hack was conducted, and mixing protocol ChipMixer was indicted as a destination for hackers on the Bitcoin network. According to the report, Axie Infinity’s Ronin bridge lost assets worth $610 million to hackers on March 29. Most of the funds were, however, laundered on the Ethereum and Bitcoin networks.