THORChain’s structure enables criminal activities under the guise of decentralization… its system operates in an isolated ecosystem that benefits insiders and facilitates money laundering.
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Bybit CEO says $1 billion of stolen assets still trackable despite hackers mixing funds with THORchain
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The use of blockchain privacy tools, decentralized exchanges, and cross-chain protocols, including THORChain, ExCH, and OKX Web3 Proxy, has made tracking and recovering the funds stolen from Bybit in February 2025 highly challenging.
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