THORChain: Open for Hackers, Halted for Itself 🚨💸
Hackers swap stolen crypto for Bitcoin on THORChain with no ID checks. After Bybit lost $1.5B, $1B to $1.2B flowed there. After Binance's $6.3B hack on 29 Oct 2026, $113M crossed THORChain in week 1, plus $48M on Relay, $32.1M on Chainflip, and ETH on Tornado Cash. 🔍
THORChain refused FBI wallet-block pleas under decentralization, while Chainflip added filters and NEAR Intents used a shield. 🛑
Yet THORChain stops fast for its own money:
🟥 In July 2021, swaps paused twice after $5M and $8M hacks.
🟧 In May 2026, trading halted 5 weeks after a $10.7M theft.
🟨 In Oct 2026, 10 chains froze in 2 minutes over 10 ETH.
Every stolen swap pays fees:
💰 THORChain earns $200k to $500k per $100M ($5.5M to $12M from Bybit, $200k+ in 3 days of Binance).
💵 Chainflip takes $150k to $250k per $100M, Maya $100k to $200k, Relay $60k to $150k, and Tornado Cash helpers $50k to $400k.
Should hackers' funds be blocked or do you support decentralization? 👇
#THORChain #Binance #CryptoSecurity #DeFi
Hackers swap stolen crypto for Bitcoin on THORChain with no ID checks. After Bybit lost $1.5B, $1B to $1.2B flowed there. After Binance's $6.3B hack on 29 Oct 2026, $113M crossed THORChain in week 1, plus $48M on Relay, $32.1M on Chainflip, and ETH on Tornado Cash. 🔍
THORChain refused FBI wallet-block pleas under decentralization, while Chainflip added filters and NEAR Intents used a shield. 🛑
Yet THORChain stops fast for its own money:
🟥 In July 2021, swaps paused twice after $5M and $8M hacks.
🟧 In May 2026, trading halted 5 weeks after a $10.7M theft.
🟨 In Oct 2026, 10 chains froze in 2 minutes over 10 ETH.
Every stolen swap pays fees:
💰 THORChain earns $200k to $500k per $100M ($5.5M to $12M from Bybit, $200k+ in 3 days of Binance).
💵 Chainflip takes $150k to $250k per $100M, Maya $100k to $200k, Relay $60k to $150k, and Tornado Cash helpers $50k to $400k.
Should hackers' funds be blocked or do you support decentralization? 👇
#THORChain #Binance #CryptoSecurity #DeFi
