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THORChain, which handled ~$1B of stolen Bybit funds in 2025 for $12M+ in fees, began moving the Binance loot despite FBI pleas

From The Wall Street Journal: THORChain, which handled ~$1B of stolen Bybit funds in 2025 for $12M+ in fees, began moving the Binance loot despite FBI pleas, saying it can't stop transfers — Some crypto developers say they can't stop North Korean hackers from laundering stolen funds through their platforms, frustrating law…

Source
The Wall Street Journal (wsj.com)
Published
First seen here
Edition
Sunday, November 8, 2026, ranked 18
Status
A publication reported this; the company may not have confirmed it.
Why it’s here
WSJ on the crypto services laundering the Binance hack proceeds.
Topics
Crypto, Security
THORChain, which handled ~$1B of stolen Bybit funds in 2025 for $12M+ in fees, began moving the Binance loot despite FBI pleas · Keeping Up with Silicon Valley