THORchain-powered decentralized exchange (DEX) THORswap paused its usage after the persistent “movement of illicit funds” illicit funds through the platform.
In an Oct. 6 statement on X (formerly Twitter), the protocol decided to “temporarily transition the THORSwap interface into maintenance mode” after extensive “consultation with advisors, legal counsel, and law enforcement.”
THORSwap said the move was made to “swiftly curtail any further potential illicit activity” and expressed strong opposition to using its platform for any criminal activities. It added:
“THORSwap will remain in this mode until a more permanent and robust solution can be implemented to ensure the platform’s continued security and integrity.”
Over 50% of funds moved through THORSwap are stolen
Cryptocurrency researcher Tayvano reported that more than 50% of the Ethereum moved through the THORSwap router during the last four months were stolen funds.
The researcher estimated that 34,583 ETH, a
We współpracy z: https://cryptoslate.com/thorswap-moves-to-maintenance-mode-to-halt-proliferation-of-unlawful-transactions/
