In summary

  • The stolen funds from Bitget are being swapped for Bitcoin via THORChain.

  • THORChain refuses to block the hacker, saying it is open like Bitcoin.

  • Star Xu of OKX says THORChain paused itself in May, so it could stop this time too.

Read the original story: THORChain refuses to block assets linked to the Bitget hack by Lockridge Okoth on es.beincrypto.com