John-Paul Thorbjornsen, co-founder of THORChain, recently suffered a $1.3 million hack carried out by North Korean scammers. THORChain was very clear that company funds are completely secure.

ZachXBT called the incident “a bit poetic,” calling attention to THORChain’s role in laundering money from other major thefts. He reminded his audience of Thorbjornsen’s previous comments on Lazarus Group activities.

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North Korea Hacks THORChain Founder

North Korean hacks have been prolific right now, with a large number of high-profile incidents. Last night, accounts began reporting that THORChain directly experienced such an attack, although the platform was quite adamant that company wallets were not impacted.

Instead, THORChain co-founder John-Paul Thorbjornsen confirmed that his personal funds were in the crosshairs. The incident took place a few days ago, but he directly acknowledged that he was the victim:

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Author: Landon Manning