According to CoinMeta, Slow Mist Cosine posted on the X platform that the Bitget theft incident was widely reported, involving a huge amount of money, and the funds were quickly linked to North Korean hackers. Institutions such as Circle and Tether promptly assisted in freezing the relevant funds, with Circle freezing the USDC held by the hackers. Regarding THORChain, Cosine pointed out that when THORChain itself encountered a theft incident before, it also quickly intervened in its so-called “decentralized” platform. However, this time, in the face of this major security incident in the industry, it responded with the argument of “decentralization means no right to interfere” and compared itself to Bitcoin and Ethereum, while continuing to earn transaction fees from the hackers’ large-scale cross-chain transactions. He stated that decentralization should not just be a slogan; after a major security incident occurs, the key is to distinguish which issues need to be addressed collectively by the industry. He also believes that platforms like THORChain should not be easily compared to Bitcoin and Ethereum, as there are clear differences in the degree and mechanisms of decentralization between different systems.