If there was no THORChain, shit would be hell for these guys😑.
They’re laundering funds across several chains, even on bottom chains like dYdX, Noble, and Osmosis. So annoying.
How stupid can you be to publicly post txs link of stolen funds that are being tracked by the public? very soon....
BREAKING: Chinese illicit actors laundering funds from the $387M Bitget exploit on behalf of the alleged DPRK attackers are openly asking for support with orders in public Discord servers and Telegram channels of services they use.
Notably, Alias 4 (below) was also seen
@sillynun It will be much difficult and will Push them to use services that support freezing... I bet they currently thinking of how to laundering the zec coz only near has the liquidity 😭 except......
BREAKING: Chinese illicit actors laundering funds from the $387M Bitget exploit on behalf of the alleged DPRK attackers are openly asking for support with orders in public Discord servers and Telegram channels of services they use.
Notably, Alias 4 (below) was also seen laundering funds from the Kelp DAO $292M exploit earlier this year.
I've observed the same pattern after multiple TraderTraitor attributed exploits, and I've closely tracked these groups. I plan to share more of my data on them in coming weeks.
Currently, funds are being chain-hopped via bridges and being deposited into mixing services such as Wasabi.
Alias 1 - Cc
Discord: cc02006
Discord ID: 1351486674386948148
Txn: F08657EFAEAE7B58217CD17A22BF4779582E5D080C2E92E173BC239A5D828363
Alias 2 - jack
Discord: jack_34808
Discord ID: 1553705721768714377
Txn: 68583D313A0CCC99F2702D61D05A242A69C86CAE09ED252B65F34B677C377F69
Alias 3 - Melon
Discord: under0346
Discord ID: 1394240539108573215
Txn 1: ABE2AEF8B10057E60F8259CA2CA2CD5D71D38D254960FEEE89CB3C95A964873F
Txn 2: 7BE290865901DEB1680A6D692A11392D1FDDACA0D31C48F26DCB249F2444BD6B
Alias 4 - lolo / Marin
TG: pvpcz
TGID: 6223514198
Discord: losern
Discord ID: 1024415186527985704
Txn: 8E935C19D00F40639B78BF1FD094FE48C92118F3E586AB52DF93851080CCCE15
Alias 5 - HELP ME
Discord: helpme031897
Discord ID: 1554035533817188384
Txn: 7C58CAD760EBBED54F2CA4D2146D056910B7B6688B4F524396DC8807353C2379
Lol… funny how THORChain only acts when it involves them, but not for others.
Just a few months ago, THORChain was hacked and quickly halted operations, telling node operators not to process any transactions. But here they’re acting “decentralized.” 😂
Why even going so far. Bybit 1.5B went through thorchain
Kelpdao was hacked just few months ago and it all passed thorchain both pre and post mixer
THORChain and Stolen Funds: The Industry Needs Answers
After the $1.46B @Bybit_Official hack last year, nearly $1.2B in stolen funds was reportedly traced through @THORChain as the attackers moved assets across chains.
Today, following another major security incident at @Bitget , we are once again observing Bitget Exploiter funds being sent into the THORChain for asset swaps and cross-chain transfers.
The question is no longer:
“Does THORChain know these funds are associated with hackers?”
The attacker addresses have already been publicly flagged and are being actively tracked by exchanges, blockchain security/aml firms, and the wider crypto industry.
The real question is:
When a protocol is aware that funds originate from a publicly identified major hack, yet continues to facilitate large-scale cross-chain swaps, how should the industry view this under the banner of “decentralization”?
Decentralization should not become a blanket excuse when dealing with known stolen funds.
If, after every major crypto hack, attackers can continue using THORChain as a route to move funds from ETH → BTC, BNB → BTC, and across other chains, the industry needs to seriously ask:
What responsibility should THORChain bear when handling known stolen funds?
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