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Binance Hacker Launders Stolen SOL into BTC via THORChain

Binance Hacker Launders Stolen SOL into BTC via THORChain

Photo: Coinfomania

THORChain is linked to laundering stolen SOL into BTC from the $6.3B Binance hack. Here's why this matters for security. A significant development has emerged in the ongoing aftermath of the $6.3 billion Binance exploit. The hacker responsible is reportedly using THORChain to launder stolen SOL into BTC, as highlighted in a tweet by influencer @WuBlockchain. This conversion of illicit funds could have profound implications for security protocols across the crypto landscape. The latest reports indicate that the hacker first dispersed stolen SOL into multiple wallets, where it was subsequently sold for USDC.

Source: Coinfomania

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