Chainalysis: Ethereum Reorg Triggers THORChain Emergency Pause, Delaying Laundering of Binance Hack Funds
Chainalysis says an Ethereum chain reorganization on October 31 led THORChain to issue a double refund on a 10 ETH deposit, which triggered an emergency pause of most cross-chain swaps. The pause also delayed North Korean launderers moving funds stolen from Binance. The incident ties a major hack to a bridge and reorg risk that traders should watch.