HACK UPDATE: Stolen funds are continuing to move, with the attacker now converting $ETH and $BTC through THORChain.

THORChain rejected Bitget CEO Gracy Chen's request to block the hacker's addresses, citing its policy against selectively freezing users or swaps.

Bitget has also begun restoring withdrawals in phases and says users will be made whole whether the stolen funds are recovered or not.

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