Axie Infinity co-founder loses $9.7M in 3,248 ETH wallet hack

Two personal crypto wallets of Jeff “Jihoz” Zirlin got compromised, allowing the hacker to walk away with $9.7 million worth of Ether.

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Two crypto wallet addresses belonging to Jeff “Jihoz” Zirlin, one of the five co-founders of Axie Infinity and Ronin Network, were hacked and roughly $9.7 million worth of Ether (ETH) was stolen and siphoned across Tornado Cash. 

On Feb. 23, blockchain investigator PeckShield alerted about a “whale wallet” compromise over the Ronin Bridge, reporting that the hacker made away with 3,248 ETH. Aleksander Larsen, one of Ronin Network co-founders, immediately responded that “the (Ronin) bridge itself has top security” and suspected a wallet hack instead.

Unlike Axie Infinity’s Jihoz hacker, Larsen’s hacker didn’t use crypto mixer services or decentralized exchanges to hide their identity. As a result, Binance was able to track down some of the funds and block them from the hacker’s access.

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