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Stolen Bitcoin reportedly swapped into Ether via THORChain

A hacker tied to the third wave of Coldcard wallet thefts reportedly began swapping stolen Bitcoin for Ether through THORChain. Alex Thorn said about 10% of the stolen funds moved, with 90% remaining untouched.

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A hacker linked to the third wave of Coldcard wallet thefts has started swapping stolen Bitcoin for Ether through THORChain.Galaxy head of research Alex Thorn took to X on Wednesday to report that the third-wave exploiter moved about 10% of the stolen funds, with 90% remaining untouched.

Thorn said…