RUNE Plummets 9% as THORSwap Freezes Operations Amid ‘Potential Illicit Activity’

THORSwap, a decentralized exchange (DEX) that supports multiple blockchains atop the THORChain network, announced that it had paused activity. The exchange has moved to “maintenance mode” after detecting a series of illicitly-linked funds had been funneled through the platform. The native token powering the THORChain network RUNE has since plummeted by 9%, per CoinGecko data. […]