THORChain Rejects Bitget's Request to Block Stolen Funds

THORChain has declined a request from Bitget CEO Gracy Chen to blacklist addresses linked to the $387.5 million hack of the exchange on September 24. The protocol stated that its permissionless architecture, similar to Bitcoin or Ethereum, lacks a native mechanism to block specific individual wallets. While THORChain operators can suspend broader network activities like outbound signatures or liquidity provisions via Mimir governance parameters, they cannot filter individual transactions.