THORChain refusing to block the Bitget hacker is one of those moments where crypto’s core principles get tested in real time. Bitget asked the network to stop serving addresses linked to the roughly $388M hack, but THORChain pushed back, saying it can halt broader network activity in an emergency but cannot selectively freeze one wallet or transaction. Meanwhile, a hacker-linked wallet already swapped about 2,390 $ETH into 75.2 $BTC through the protocol. :chatgpt-content-reference{index="0"} I can see both sides. If protocols start deciding whose transactions are allowed, permissionless finance starts looking a lot less permissionless. But when stolen funds are publicly identified and still move freely, it also raises the question of where decentralisation ends and responsibility begins. For me, this is bigger than one hack. The industry has to decide whether censorship resistance means treating every transaction equally, even when everyone knows where the money came from. That debate is only going to get harder as more institutional money enters crypto. $BTC and $ETH may be decentralised assets, but the infrastructure moving them still has to choose what principles it actually stands for.