AFX Trade hacker converts the stolen funds to BTC, with 655.4 ETH already swapped across chains

July 25th, according to EmberCN monitoring, the AFX Trade hacker has started exchanging ETH for BTC using the cross-chain exchange tool THOR Chain. AFX Trade's bridge was hacked on the 23rd, resulting in the theft of $24.15 million USDC, which was then exchanged for 12,467.4 ETH.

1 hour ago, the hacker began exchanging the stolen ETH for BTC through THORChain, and so far, 655.4 ETH has been swapped for 18.86 BTC.