FBI urges THORChain to block $6.3 billion in Binance hack funds, site freezes trading on 10 chains

The FBI has called on THORChain node operators, along with other decentralized finance (DeFi) platforms, to block transactions associated with funds stolen in the recent $6.3 billion Binance hack. The request, made on October 31, followed the agency’s identification of hundreds of related wallet addresses allegedly tied to the incident. Investigators attributed the large-scale theft to TraderTraitor, a hacking collective believed to be tied to North Korea. According to the FBI, the stolen cryptocurrency was being laundered and converted into Ether through a variety of blockchains and cross-chain services.

Source: CoinTurk News