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THORChain declined to block Bitget’s $387M hacker, exposing cross-chain risk

THORChain declined to block Bitget’s $387M hacker, exposing cross-chain risk
AI summary

Bitget lost $387.5 million in a hack and asked THORChain to block the attacker's addresses, but THORChain refused. Weeks later, Tether froze four THORChain vaults on Tron holding 1.45 million USDT before unfreezing them three hours later, and in May THORChain itself lost $10.7 million to a GG20 flaw. The refusal highlights a governance and security tension for cross-chain liquidity protocols, a risk traders should weigh for RUNE and DeFi exposure.

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