THORChain Restarts Most Swaps After Analyst Said Operators Would Expect North Korea to Launder
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THORChain resumed Bitcoin, Ether and Tron swaps by 3:50 p.m. ET on Nov. 3, restarting most trading after a halt that had left 10 chains offline. The restart came after Pangolin Intelligence founder Jonty warned in a Nov. THORNode data confirmed the partial reopening, though the article did not specify which chains remained halted or the value of assets affected. The decision matters because THORChain's node operators are effectively accepting exposure to potentially tainted funds in exchange for restoring liquidity and swap functionality. What to watch next is whether the remaining halted chains are brought back online and whether the North Korea-linked flows draw further scrutiny or changes to THORChain's operator voting process.
Muhabbit's AI wrote this summary in its own words from Unchained's report. It can get details wrong, so check the source.
Named in this story
THORChain (RUNE), North Korea, Jonty, Pangolin Intelligence, Tron (TRX), Bitcoin (BTC), Ether (ETH)
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