THORChain faces FBI pressure as Binance hack funds move across DeFi

Following Binance’s roughly $6.3 billion hack, the FBI asked THORChain node operators and other decentralized finance (DeFi) services to block transactions linked to the stolen funds. The request came on October 31. THORChain’s nodes operate independently, and no single authority can make them block the transactions. What the FBI asked for, and what Barraford said back The bureau blamed TraderTraitor—its name for a North Korean state-linked hacking operation—for the October 29 theft. It asked services to block listed wallets and transactions derived from them. The attackers, it said, were converting stolen crypto into Ether. The FBI has identified 608 Ethereum addresses, 19 Bitcoin addresses, and one Solana address.

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