TREE NEWS update: THORChain has refused a request from Bitget to block addresses linked to a $387.5 million theft last week, saying the protocol does not censor by design. The exchange asked the network to stop serving wallets connected to the hack, but THORChain said its emergency halts are not a tool for freezing specific funds.
THORChain Rejects Bitget Request to Block Wallets Tied to $387.5M Hack
AI take
The refusal draws a sharp line between decentralized infrastructure and the exchanges that rely on it. For Bitget and its users, the recovery path now depends on tracing flows rather than cutting them off at the protocol level. For THORChain, the episode tests whether a no-censorship stance holds up when the request comes from a major venue rather than an anonymous actor. Whether other networks face similar pressure, and how they answer, is the open question.
Generated by AI for reference only.
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