Could you or someone else explain why DeFi is integral to these hacks? The article mentions the decentralized exchange 1inch and you are mentioning Avalanche and Fantom. Is just that that DEX and P2P create levels of indirection that make it much harder to track the movements of the stolen assets?
Do bear in mind that I was answering a question about how to swap coins given such a low amount of time that this hacker (likely insider; opinion) had. I named decentralized exchanges because they don't give up the ownerships of their crypto AND they offer bridges/swapping services from one coin to another - which makes it not only harder to track the assets when you're trying to do this sort of process, but it also offers a more streamlined approach for doing the process in the first place - which is swapping a bunch of coins.
For sake of lucidity, I want to say that this doesn't necessarily make DeFi integral to these hacks, but it does make the process of liquidating from these hacks easier.
>"For sake of lucidity, I want to say that this doesn't necessarily make DeFi integral to these hacks, but it does make the process of liquidating from these hacks easier."
Yes sorry I didn't articulate that very well in my post. This is what in fact I was asking - why it was significant in the "process of liquidating from these hacks."
Could you explain what you mean by "they don't "give up the ownerships of their crypto"? This sounds like an important point but I'm unsure what you mean. Do they anonymize the transaction or something else?
