Posted 10/6/2023, 1:43:00 PM
THORSwap Pauses Trading After FTX Hacker Drains $600M Through Platform
- THORSwap exchange paused trading after illicit FTX-linked funds passed through
- FTX exploiter started swapping ETH into tBTC on Threshold Network
- THORSwap stands against criminal actions but paused trading for security
- Services like lending remain operational, only trading is paused
- THORSwap runs on THORChain, allowing token swaps between blockchains
- FTX hacker drained $600M after FTX bankruptcy in November 2022
- Funds movement deepens mysteries around FTX collapse before SBF trial