#Thorcoin hain Refuses to Block Bitget Hacker as $6.3M Moves Through Crypto Swaps
THORChain has declined Bitget’s request to freeze wallets linked to its recent security breach, sparking fresh debate over decentralized finance and crypto security.
Blockchain data reportedly shows that approximately $6.3 million in Ethereum was converted into 75.2 Bitcoin through THORChain.
The decision highlights a growing conflict between decentralization and the recovery of stolen crypto assets.
Meanwhile, Bitget and blockchain investigators continue efforts to trace and recover the missing funds.
Key Takeaway: The incident raises serious questions about how decentralized platforms should balance user freedom with security.
THORChain has declined Bitget’s request to freeze wallets linked to its recent security breach, sparking fresh debate over decentralized finance and crypto security.
Blockchain data reportedly shows that approximately $6.3 million in Ethereum was converted into 75.2 Bitcoin through THORChain.
The decision highlights a growing conflict between decentralization and the recovery of stolen crypto assets.
Meanwhile, Bitget and blockchain investigators continue efforts to trace and recover the missing funds.
Key Takeaway: The incident raises serious questions about how decentralized platforms should balance user freedom with security.
