THORChain Refuses Bitget’s Request to Block Addresses Linked to Hack

THORChain has rejected a request from Bitget to block wallets associated with its recent $387.5 million hack, citing its permissionless design. The protocol stated that its emergency halt mechanisms are intended for network protection rather than selective censorship. Bitget CEO Gracy Chen had urged the protocol to refuse service to the attacker's addresses, while security firm GoPlus noted that significant stolen funds have already been moved through the platform.