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Chainalysis: Ethereum Reorg Causes THORChain Emergency Pause, Accidentally Delays Binance Hacked Funds Laundering
Blockchain analytics firm Chainalysis stated that on the morning of October 31, ET, an Ethereum chain reorganization occurred, causing THORChain to mistakenly double-refund 10 ETH to a user, triggering an emergency pause. This pause blocked most of THORChain's cross-chain swaps, inadvertently delaying the laundering of funds stolen from Binance, including those by North Korean money launderers.
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