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Coldcard hack sees 17 BTC swapped via THORChain into 229.72497255 ETH and deposited at Duelcom Casino

AI Market Summary
A Coldcard wallet theft reportedly moved ~17 BTC through THORChain into 229.72497255 ETH and then into Duelcom Casino, which allegedly declined an immediate freeze absent law-enforcement contact. The episode highlights cross-chain laundering pathways and perceived KYC/AML gaps at downstream centralized services, increasing headline regulatory and counterparty-risk sensitivity. Near-term, this can weigh on sentiment for ETH-linked flows and cross-chain liquidity venues.
Impact level
● Medium
Affected assets
ETH/USDT+0.37%
AI Insight · ETH/USDTAI Insight
▼ Bearish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
A Coldcard hardware wallet user was hacked for about 30 BTC, with 17 BTC moved via THORChain and swapped into 229.72 ETH (about $445,000) before being deposited into offshore gambling platform Duelcom Casino. The victim and a researcher emailed all known Duelcom Casino addresses with transaction details and requested the funds be frozen. Duelcom Casino replied that it would only act if contacted directly by police. The incident highlights gaps in how downstream centralized services enforce KYC/AML and respond to cross-chain fund flows.
BTC
BTC+0.94%
ETH
ETH+0.07%
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