CoinScoopTHORChain Generates $10 Million in Fees Amid Concerns Over Illicit Fund Transfers
On-chain analyst Ember reports that over 90% of cross-chain swaps on THORChain are linked to illicit activities. The platform collected nearly $10 million in fees over the past 10 days, with a significant portion of stolen funds from the Bybit and recent Bitget hacks being laundered through the protocol.
Summaries are written by AI from the original article. Not investment advice.