THORChain Refused Bitget’s Request to Block $387M Hacker Addresses

THORChain's refusal to block attacker addresses highlights the tension between its permissionless design and the expectations of centralized exchanges seeking post-hack cooperation. The Tether freeze-and-unfreeze episode on THORChain vaults shows that stablecoin issuers, not the protocol, can act as an external enforcement point, albeit inconsistently. THORChain's own GG20 loss underscores that cross-chain infrastructure remains a target, and whether its no-block stance survives regulatory or counterparty pressure is the open question.