17 BTC Stolen from Coldcard Victims Moved to Duel.com via THORChain

17 BTC stolen from Coldcard users was swapped for ETH and deposited into Duel.com. The platform refused to freeze the funds despite AML policies, citing police involvement.

Woofun AI reports that 17 BTC, stolen from Coldcard victims holding nearly 30 BTC total, was fragmented and converted into ETH through THORChain. The assets were subsequently deposited into the offshore gambling platform Duel.com, equating to approximately 229.72 ETH valued at $445,000.

Despite receiving detailed transaction data and requests to freeze the assets, Duel.com directed victims to contact law enforcement, contradicting its stated KYC and anti-money laundering compliance. Alex Thorn, head of research at Galaxy Research, criticized this response as aiding theft, noting that police action would be delayed until Monday due to time zones. With Duel.com’s X Corp account suspended, Thorn tagged associated individuals, warning of legal proceedings if the funds remain unfrozen.