PANews reported on April 25 that, according to on-chain analyst Ai Yi, the address associated with the Balancer theft incident in November 2025 (loss of over $116 million) transferred 5,609 ETH, equivalent to approximately $13 million, to the cross-chain protocol THORChain in the past 9 hours for further money laundering and cross-chain swaps.

As of April 25, the Balancer hackers had exchanged 14,300 ETH for 419.3 BTC (approximately $32.51 million) through THORChain, and are still dismantling and transferring the remaining stolen funds.