TREE NEWS update: Bitget’s CEO said the exchange has publicly disclosed and is tracking addresses tied to its attacker, and has formally asked THORChain to deny service to those addresses. Decentralization is a design principle and should not serve as a shield for handling known stolen funds, the CEO said, adding that the whole industry is watching.
Bitget CEO Asks THORChain to Block Attacker Addresses
This is a notable escalation in the recurring tension between centralized exchanges and decentralized infrastructure over post-hack cleanup. Bitget is attempting to import a compliance-style blocklist into THORChain, a protocol whose value proposition rests on permissionless access. THORChain's response will be read as a precedent: whether a DEX or cross-chain protocol can be pressured into address-level censorship, and whether that pressure comes through public appeals, validator coordination or governance. The open question is whether other exchanges facing similar incidents adopt the same playbook.
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