Axie Hacker On The Run While Germany Shuts Down Darknet’s Hydra, Seizing Millions In Bitcoin

Last Updated on 6 April 2022 by CryptoTips.eu


Jeroen Kok

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The anonymous criminal who stole some $620 million from the Ronin network (the blockchain that operates the very popular Axie Infinity game), is trying to move his cryptocurrencies apparently. Problem is that given the tracking methods available, it will be tough to get the money exchanged via any of the major platforms.

Therefore, some $7 million (2,000 Ether) was already transferred to privacy mixer service Tornado Cash, a move that should normally prevents the stolen cryptocurrency from being tracked and frozen.

Apparently the hacker still has access to another stolen 173,600 Ether, or $586 million. Moving that one is going to be harder though.

Hail Hydra

Back in 2017, someone had redirected the URL for the text ‘Hail Hydra’ to the Trump White House. Marvel Comics thought it was funny and immediately bought the trademark. No idea what the Russian hacking group that formed the world’s largest Darknet, known as Hydra, thought of the move, but after German authorities yesterday seized and closed down their website, they probably have other things to worry about.

Hydra, as we informed you in October of last year, had taken over the number one spot on the Darknet as the world’s biggest illegal marketplace in 2021. It had sales of at least 1.23 billion euros in 2020, according to the Washington Post.

The German prosecutors claim that the platform offered illegal drugs, forged documents, intercepted data and “digital services”. Hydra apparently had about 17 million registered customer accounts and more than 19,000 registered sellers. The authorities seized some $25 million in Bitcoin as well.