Sky Mavis Taking “Full Responsibility” For $650M Axie Infinity ‘Ronin’ Hack

Sky Mavis Taking “Full Responsibility” For 0M Axie Infinity ‘Ronin’ Hack

Chief Operating Officer, Alexsander Larsen at Sky Mavis, the company behind play-to-earn game Axie Infinity, on Friday apologized for the security breach that cost users $625.

Appearing Friday morning on CoinDesk TV show “First Mover,” Larsen said:

“These are the players that deposited their funds into the Ronin network, and who trusted us, and we failed to live up to that trust.”

The COO added:

“When you’re going 100 miles per hour, sometimes it goes a little bit heavy around the bend.

I think that’s what happened here. So, lesson learned, we’re taking full responsibility for this internally.”

Describing the entire experience as a nightmare, Larsen said that the stolen money will be replaced, while his company is also raising outside funds. He again admitted his firm’s responsibility in the matter and said:

“Users shouldn’t lose their funds in a situation like this, it’s our responsibility.”

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Source: igaming