TREE NEWS reports: THORChain has pushed back on Bitget’s demand that it block addresses tied to a hacker, and an address flagged by the exchange completed an XRP-to-bitcoin swap after that request. OKX’s Star Xu challenged THORChain’s comparison of its position with Bitcoin’s. The dispute centers on whether the cross-chain protocol should censor specific wallets at an exchange’s request.
THORChain Rejects Bitget Request to Block Flagged Hacker Addresses
This dispute tests whether decentralized cross-chain infrastructure can be pressured into address-level censorship by a centralized exchange, and THORChain's refusal sets a precedent that other protocols may be judged against. The flagged swap completing after the request underlines how difficult enforcement is when no single party controls settlement. The open question is whether exchanges treat such refusals as a compliance risk for listed assets, and whether the Bitcoin analogy holds up under scrutiny from figures like OKX's Star Xu.
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