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iCute FinanceKADARORIN DIJITAL · DUBAN KASUWA
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KADARORIN DIJITAL · DUBAN KASUWA

THORChain responds to the question of "handling hacker funds": decentralization does not require a license agreement and cannot be stopped

PANews reported on September 27 that in response to the on-chain tracking platform MistTrack’s criticism that THORChain has been used to transfer stolen funds from Bybit, Bitget and other exchanges many times, THORChain responded that it was saddened by the recent attacks on related exchanges and emphasized that it, like Bitcoin, Ethereum and BNB Chain, is a decentralized and permissionless protocol. And asked: "What responsibilities should Bitcoin, Ethereum and BNB Chain bear when they handle known stolen funds?" According to previous news, Bitget CEO called on THORChain to refuse to provide services to attacker addresses.

PANews reported on September 27 that in response to the on-chain tracking platform MistTrack’s criticism that THORChain has been used to transfer stolen funds from Bybit, Bitget and other exchanges many times, THORChain responded that it was saddened by the recent attacks on related exchanges and emphasized that it, like Bitcoin, Ethereum and BNB Chain, is a decentralized and permissionless protocol. And rhetorically asked: “What responsibilities do Bitcoin, Ethereum, and BNB Chain have when they handle known stolen funds?”

According to previous news, Bitget CEO called on THORChain to refuse to provide services to the attacker’s address.

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