THORSwap Offers Bounty After Hack Drains Founder’s Wallet of $1.35M
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THORSwap has repeatedly offered a bounty to the hacker who drained about $1.35 million from a personal wallet, believed to belong to THORChain founder John-Paul Thorbjornsen, according to ZachXBT. Initial reports from PeckShield suggested a $1.2 million exploit of the THORChain protocol, but this was later corrected: the incident involved a personal wallet hack, not THORChain or THORSwap itself. Thorbjornsen confirmed his old MetaMask wallet was compromised after receiving a malicious Zoom link from a hacked friend’s Telegram account. He noted the keys were stored in iCloud Keychain and believes attackers exploited a 0-day vulnerability, reinforcing his argument that threshold signature wallets are the only strong defense. The attacker allegedly stole $1.03M in Kyber Network tokens and $320K in THORSwap tokens, with funds traced to the same exploiter address mentioned in THORSwap’s onchain bounty messages. Most of the stolen assets now appear to have been swapped to ETH and sit in a wallet beginning with 0x7Ab.