Pasha
@pasha
Bybit’s $1.4B hack triggered a record-breaking $4.6B trading volume on THORChain, raising questions about the platform’s role in fund movement. THORChain reportedly generated $5.5M in transaction fees from the surge in activity linked to the laundering of Bybit’s stolen funds. Bybit requested THORChain to freeze suspicious transactions, but the decentralized protocol refused, allowing hackers to move assets freely.
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