Bitget requests THORChain to block hacker addresses, but the protocol refuses.
2026-09-27 18:15:44
CoinMeta data: Bitget made a request to THORChain to block addresses related to the hackers, but THORChain rejected this request, stating that its decentralized and permissionless design does not allow for transaction auditing. This dispute has reignited debates about the responsibility for stolen funds on decentralized networks. Bitget's CEO, Gracy Chen, stated that decentralization should not prevent networks from responding to known stolen funds. According to data from blockchain security companies TRM Labs and SlowMist, after the Bitget incident on September 24th, the hackers transferred approximately $4 to 4.5 million in stolen funds through THORChain and converted it into Bitcoin. THORChain's response has drawn criticism from security experts, who question its reaction to handling known stolen funds.
Bullish 0
Bearish 2
Source:Coinpedia
This content is for market information only and does not constitute investment advice.