Slow Fog Cosine: Mode successfully froze most of the stolen assets of Ionic Money

Manwu Yuxian posted on the X platform, stating that Mode Network has taken action to freeze most of the assets stolen from the Ionic Money project. Currently, the frozen Mode wallet holds $8.8 million in stolen funds, limiting losses transferred out of the Mode network to $3.5 million. The unintercepted funds have been transferred through the coin mixing protocol Tornado Cash.