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Thorchain Burns Under Backlash For Laundering Bitget’s Stolen Crypto Through Swaps 🖤☠️

Bitget just dropped a bomb asking THORChain to straight up block those attacker addys tied to the September 24 hack where 387.5 million got yoinked. 🖤 THORChain’s whole permissionless vibe is now clashing hard with the fact that everyone knows those funds are stolen AF.

Bitget Pushes THORChain to Freeze the Looted Addys 💀

The exchange confirmed straight up that 387.5 million landed in attacker wallets after scooping in some Zcash and Tron tokens too. Gracy Chen the CEO tagged THORChain directly and said decentralization ain’t no excuse for laundering known stolen cash lol and the whole scene is watching close. Funds from the heist started routing through THORChain swaps and MistTrack pointed out that nearly 1.2 billion from last year’s Bybit mess had already flowed the same way 🌙 So the question hanging is what duty a protocol owes when it processes dirty crypto on purpose. THORChain clapped back saying it’s just like Bitcoin or Ethereum and questioned what responsibility those chains would even have. Their tracker shows 2377 attacker wallets holding 378 million with 1497 of them already moving stuff through the network. Security queen Taylor Monahan jumped in and roasted the idea that screening equals full censorship. She reminded everyone THORChain secretly shuffled assets before and still ain’t decentralized after seven years plus seven hacks.

Flashback To THORChain’s Own Pause Last May 🕸️

Back in May the validators slammed the brakes after a 10.7 million exploit and kept trading and withdrawals frozen for five whole weeks. Bitget threw out 5 percent bounties on recovered cash and thanked Circle plus Tether for freezing 318000 quick. Withdrawals are restarting in phases starting with BTC on September 28 at 08:00 UTC.
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