Slow Mist Cosine: Mode Successfully Freezes Most of Ionic Money's Stolen Assets

SlowMist Cosine posted on the X platform that the Mode network has taken action to freeze most of the stolen assets of the Ionic Money project. The currently frozen Mode wallet holds $8.80 million of stolen funds, limiting the loss in capital transferred across the chain to outside the Mode network to $3.50 million. The funds that were not intercepted have been transferred through the coin mixing protocol Tornado Cash.