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Published 2 years ago

Axie Infinity CEO Moved $3M in Tokens Before $622M Hack Disclosure: Report

Summary by Ground News
Axie Infinity lost over $600 million to North Korea-linked hackers on March 29. The game developer temporarily suspended the operations of the Ronin bridge following the hack, with Binance following suit. Axie Infinity CEO and co-founder Trung Nguyen moved $3 million worth of AXS tokens to Binance before disclosing the exploit.

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IBTimesIBTimes

'Axie Infinity' Founder Moved $3M Worth Of AXS To Binance Before Ronin Hack Announcement

Following reports of players' exodus from "Axie Infinity," a new rumor suggesting insider trading by Sky Mavis' founder could add acid taste to fans' palates. One of the world's most popular play-to-earn NFT games, "Axie Infinity," survived one of the biggest hacks in the history of NFT and the crypto world–the $622 million attack on its Ronin bridge. But the once glorious game, supported by millions of players, is now fending off bigger issues–…

2 years ago·United States
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decrypt.codecrypt.co

Axie Infinity CEO Moved $3M in Tokens Before $622M Hack Disclosure: Report

Sky Mavis claimed that founders transferred out tokens to allow more “flexibility” in its response to the Ethereum sidechain attack.

2 years ago
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coinxhighcoinxhigh

Axie Infinity CEO Supposedly Moved $3M in Tokens Before Revealing Ronin Hack

One of Sky Mavi's representatives denied the latest rumors. Trung Nguyen, CEO and co-founder of Axie Infinity, has reportedly moved $3M worth of AXS

2 years ago
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watcher.guruwatcher.guru

Axie Infinity CEO Moved $3 Million AXS Tokens Hours Before the $622 Million Hack?

Axie Infinity CEO Trung Nguyen moved $3 million worth of AXS tokens from the Ronin Network to Binance 3 hours before the $622 million hack...

2 years ago
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us.comus.com

Axie Infinity CEO Moved $3M in Tokens Before $622M Hack Disclosure: Report - DailyCrypto

In brief Axie Infinity’s Ronin network—an Ethereum sidechain—was hacked in March, with $622 million worth of assets stolen as of the time of disclosure. Sky Mavis CEO Trung Nguyen transferred $3 million worth of tokens just before the hack was disclosed, but he says today that claims of insider trading “are baseless and false.” Top […]

2 years ago
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CryptoSlateCryptoSlate

Axie Infinity CEO moved funds to Binance before disclosing Ronin bridge hack

A new Bloomberg report has revealed that the CEO of Axie Infinity moved $3 AXS tokens to Binance after the exploit.

2 years ago
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