Axie Infinity Developer Says They Take Full Responsibility for Ronin Hack

Aleksander Larsen, one of the founders of Sky Mavis, which developed Axie Infinity, said that they took full responsibility for the Ronin hack.
 Axie Infinity Developer Says They Take Full Responsibility for Ronin Hack
READING NOW Axie Infinity Developer Says They Take Full Responsibility for Ronin Hack

Aleksander Larsen, one of the founders of Sky Mavis, which developed Axie Infinity, said that they took full responsibility for the Ronin hack.

“These were the players who trusted us and we failed to fulfill that trust,” the senior executive told CoinDesk.

Aleksander Larsen, COO of Sky Mavis, the company behind the Axie Infinity game, apologized for their incompetence in the attack that cost $625 million.

“When you’re going at 100 miles an hour, sometimes you get heavy in the corners. I guess that’s what we lived here. For this reason, we learned a lesson and we take full responsibility.”

Sky Mavis had switched from the Ethereum network to the cheaper, faster but more centralized Ronin network. Sky Mavis was responsible for the network.

Larsen admitted that it was the road to “progressive decentralization” as they were unable to move fast and as a result left users vulnerable.

“We are a team focused on moving forward towards progressive decentralization. However, all the trades made left us vulnerable to the attack.”

Sky Mavis will add more validators to prevent further exploits.

Larsen said they were replacing the stolen money and raising funds from outside:

“Users should not lose their funds in such a situation. This is entirely our responsibility.”

Larsen described the events as a “nightmare” and emphasized that he thinks the industry will grow against hacking attacks.

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