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Crypto Regulation

THORChain Won’t Block Bitget Hack Addresses, Prosecution Questioned

THORChain will not, or cannot, block addresses linked to the $387.5 million Bitget hack. Whether the protocol’s developers could face money-laundering prosecution over the stolen funds is complicated, Brisov said, leaving the legal exposure of the decentralized exchange unresolved.

Original source

AI take

The refusal to block flagged addresses cuts to the core tension in decentralized infrastructure: immutability is a feature until it becomes a liability. Here it shifts the burden onto intermediaries and raises the unresolved question of whether code maintainers can be treated as accountable parties when illicit funds route through their systems. The legal exposure Brisov flags is the real story, since it could set expectations for how other decentralized exchanges handle tainted flows. Whether prosecutors pursue that theory, or whether the funds simply move on, is the open question worth watching.

Generated by AI for reference only.

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