Atomic Wallet Hackers Use THORChain to Conceal Stolen $35M Funds

By betbtc | betbybitcoins | 21 Jun 2023

If you look from a different angle, not justifying the theft, it proves that the project works with large amounts.

The hackers, believed to be North Korean hacking group Lazarus, have been using cross-chain bridges and liquidity protocols to mix stolen funds.

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MistTrack states that 503.08 ether (ETH), or around $870,000, connected to the hack was transferred to THORChain in the last two days before being swapped for bitcoin (BTC).

Resources

https://twitter.com/MistTrack_io/status/1671056400410382342
https://www.coindesk.com/business/2023/06/20/atomic-wallet-hackers-use-thorchain-to-conceal-stolen-35m-funds/

Crypto News Cryptocurrency News Atomic Wallet Thorchain (RUNE) Thorchain

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