AFX Trader hacker swaps 655.4 ETH for 18.86 BTC via THORChain
July 25, 2026, 11:42 AM
The hacker behind the AFX Trader exploit swapped 655.4 ETH for 18.86 BTC through THORChain, EmberCN reported. On July 23, the Arbitrum-based protocol AFX Trader lost $24.15 million in USDC in a bridge hack, and the attacker later swapped those funds into 12,467.4 ETH. AFX had also proposed a white-hat negotiation under which the hacker could legally keep the remaining 30% of the stolen funds in exchange for returning 70% of the assets.
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