THORChain: Lazarus Group's $1B Crypto Laundromat?

North Korea's Lazarus Group? Big into crypto heists. Their favorite spot? THORChain. After the $1.4 billion Bybit hack, a huge chunk of the stolen cash – 85% – flowed right through it. A billion dollars. Nobody stopped it.

TL;DR
- Lazarus Group laundered 85% of the $1.4B Bybit hack through THORChain.
- Despite FBI requests, THORChain didn't block the transactions, raising ethical questions.

THORChain founder, ex-Air Force, now pushes a new wallet. Irony? The surge in activity isn't from new users, but from dirty money. He says he's stepped back. Still the face of a protocol that's a laundering machine. A pricey one.

The FBI asked them to block the transactions. A simple request. They said no. Others froze funds. THORChain? Business as usual. Validators and wallet developers made over $12 million in fees. From stolen money. Risky business.

Decentralization, they say. Like $BTC or $ETH. Shouldn't be responsible. Critics aren't buying it. Profiting from it. Even some inside THORChain are getting nervous. It’s not a game anymore. A national security issue. What do you think, is decentralization just an excuse? 🤔

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