Atomic Wallet Hackers Hide $35 Million Stolen Crypto Funds Using THORChain – Here's What You Need to Know

Hackers that exploited Atomic Wallet for over $100 million earlier this month are using the cross-chain liquidity protocol THORChain to hide their loot. According to on-chain data, 503 ETH equivalent to $870,000, associated with the Atomic hack, was moved to THORChain on the 18th and 19th of June and then exchanged for Bitcoin, as reported by blockchain investigator Mist Track. Most of the proceeds in ETH from the exploit were converted to BTC using the SWFT blockchain.... Read More: Atomic Wallet Hackers Hide $35 Million Stolen Crypto Funds Using THORChain – Here's What You Need to Know