2026-01-17 08:26:43

Once the attacker gained access to the compromised wallet, they immediately converted the stolen BTC and LTC into the privacy-focused XMR. The move sent shockwaves through the market—XMR exploded with a staggering 75% price jump between January 11-15, climbing from $450 to $788. What's noteworthy is how they leveraged THORChain's cross-chain bridge to facilitate these transfers. This incident highlights both the speed of modern asset laundering tactics and the vulnerability of large holdings during security breaches.

BTC-0,11%

LTC2,96%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
4
Repost
Share

Comment

0/400

NFT_Therapy_Group

· 2h ago

75% increase, this hacker money laundering speed is really incredible... XMR is taking off directly, it seems privacy coins are about to be targeted again Is it really so easy for THORChain to be used for money laundering? That's a bit outrageous Large holdings are really too risky, this case should serve as a warning to many people It's all a scam, first invest money to pump the market, then cash out and run... Security is truly the top priority, no matter how much assets you have Privacy coins always behave like this, no one says anything when they rise, but as soon as there's a problem, they blame XMR

View OriginalReply0

DeFiDoctor

· 2h ago

The medical record shows that the bridging protocol THORChain has once again exhibited a clear safety risk. A 75% price fluctuation indicates that the liquidity indicator is out of control. This is not a normal market reaction; it is a symptom of capital outflow. It is recommended to regularly review the code vulnerabilities of cross-chain bridges—being able to drive such a violent reaction in the entire token with a single large transfer suggests that the underlying risk architecture needs to be reassessed.

View OriginalReply0

AirdropworkerZhang

· 2h ago

The recent surge in XMR is outrageous; it feels like it's the result of money laundering being pumped in.

View OriginalReply0

CoinBasedThinking