AFX Trade Hacker Swaps Stolen Ethereum for Bitcoin via THORChain

The hacker behind the AFX Trade exploit has found a way to obscure their stolen funds by converting them into Bitcoin. Using THORChain, a cross-chain swapping protocol, they swapped 655.4 ETH for 18.86 BTC.

This move changes the blockchain context of the stolen assets, making it more difficult for investigators to track and recover them. While this doesn't confirm that the hacker has laundered the funds completely, it highlights the challenges faced by security experts in responding to such breaches quickly.

Security experts emphasize the importance of rapid response and monitoring in preventing further complications during investigations like this one.