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Sky Mavis Denies Wrongdoing After YouTube Sleuth Links Unusual Transaction to Company’s CEO: Report

About $3 million worth of AXS tokens were moved from CEO Trung Nguyen’s wallet on Axie’s Ronin blockchain to crypto exchange Binance hours before the announcement of an exploit.

By Elizabeth Napolitano

Updated May 11, 2023, 4:24 p.m. Published Jul 28, 2022, 9:17 p.m.

Axie Infinity's in-game characters (AxieInfinity.com)