Bitget lost approximately $388 million in the largest crypto-finance hack of 2026 on September 24, when hackers linked to North Korea routed the stolen funds through THORChain and converted the assets to BTC. Bitget CEO Gracy Chen publicly disclosed that she had asked THORChain to block these addresses.
The protocol’s position
THORChain refuses, citing its permissionless design—similar to that of Bitcoin and Ethereum—which has sparked debate between the principles of decentralization and compliance responsibilities.$BTC
#وEthereum #Bitcoin