THORChain is under scrutiny after it was discovered that some of the funds stolen from Bitget exchange were routed through its swap protocol. The exchange's live tracker has identified 2,377 addresses linked to the attack, with 1,497 of them having moved funds through THORChain swaps. This has led to concerns over the security and transparency of the THORChain network.
Source
"THORChain Faces Backlash Over Stolen Funds Routed Through Swaps" — CryptoPotato
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
The incident has sparked a backlash against THORChain, with some calling for greater accountability and more robust security measures to prevent similar incidents in the future.
