SlowMist Founder Criticizes THORChain's Stance on Security Interventions

SlowMist founder Yu Xian criticized THORChain for citing decentralization as a reason to avoid intervening in the recent Bitget hack, despite having previously halted its own network during a security incident. Yu noted that while institutions like Circle and Tether assisted by freezing stolen funds, THORChain continues to collect fees from the hacker's transactions. He argued that decentralization should not be used as a slogan to avoid industry responsibility and that THORChain should not be compared to Bitcoin or Ethereum in terms of decentralization mechanisms.