Another Decentralized Exchange Suspended Its Operations Due to Suspicious Transactions in Its Funds
THORChain-based decentralized exchange THORSwap has announced that it has temporarily entered maintenance_mode in response to an increase in potentially illicit funds flowing through the platform.
THORSwap Goes to Maintenance Mode After Illegal Activity Surges
In a statement published on X, THORSwap specifically_
Illegal via THORChain and THORSwap
expressed deep concern about the potential movement of funds. The platform is against all kinds of criminal activities.
emphasized and that such actions THORSwap
He underlined that it has no place on his platform.
The move comes after extensive consultations with legal experts, consultants and law enforcement.
To protect the ongoing security and integrity of the platform, THORSwap has made the decision to remain in maintenance mode until a more permanent and robust solution is implemented.
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