Axie Infinity CEO Denies Rumors of Moving Millions of Dollars in AXS During Massive $600,000,000 Ronin Attack

Axie Infinity CEO Denies Rumors of Moving Millions of Dollars in AXS During Massive $600,000,000 Ronin Attack


The chief executive of blockchain gaming platform Axie Infinity is debunking reports that he moved millions of dollars in AXS as the protocol’s sidechain was hacked to the tune of $600 million.

A recent report by Bloomberg details how a crypto wallet belonging to Axie Infinity CEO Trung Nguyen moved about $3 million worth of AXS to crypto exchange giant Binance hours before the announcement that the gaming protocol’s Ronin Bridge sidechain was hacked.

In March this year, bad actors exploited the Ronin Network, the Ethereum-linked sidechain specifically designed for AXS, and stole over $600 million worth of crypto assets.

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However, Nguyen tells his 31,600 Twitter followers in a lengthy thread that the accusations of insider trading are “baseless and false,” and that he views the

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