CryptoHypeBuster

THORChain faces FBI pressure as Binance hack funds move across DeFi

Cryptopolitan · Tue, 03 Nov 2026 02:07:58 GMT

Hype 18/100 · Market impact 90/100 · Breaking 58/100

Tags: DEFI

On October 31, the FBI asked THORChain node operators and other decentralized finance services to block transactions linked to about $6.3 billion stolen from Binance, blaming the October 29 theft on TraderTraitor, a North Korean state-linked hacking operation. It listed 608 Ethereum addresses, 19 Bitcoin addresses and one Solana address, but none on Tron despite Tron's use in moving funds. THORChain technical co-founder Chad Barraford said its website blocked the addresses, but independent node operators were expected to keep trading as before because the site is separate from the network and no single authority controls its nodes. An Ethereum blockchain reorganization caused THORChain to refund 10 ETH and suspend trading on 10 of 13 chains on November 1.

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