THORChain responded after facing criticism for not taking action to stop a hacker tied to the Bitget attack from moving assets through the network. In its statement, the protocol said it was deeply saddened by the recent exploit and acknowledged how difficult the incident has been for everyone involved. THORChain then argued that it operates in the same way as Bitcoin, Ethereum, and BNB Chain: as a decentralized, permissionless network. On that basis, it raised a broader question about responsibility, asking what obligations Bitcoin, Ethereum, and BNB Chain should bear when known stolen funds move across their networks. The response frames the issue around the nature of open blockchain infrastructure rather than any direct intervention by the protocol itself.
THORChain responded to criticism that it did not act to stop a hacker linked to the Bitget attack from moving assets.
In its statement, THORChain said: "We are deeply saddened by the recent exploit, and we can imagine how difficult this has been for everyone involved. THORChain, like Bitcoin, Ethereum, and BNB Chain, is decentralized and permissionless. So what responsibility should Bitcoin, Ethereum, and BNB Chain bear when it comes to handling known stolen funds?"
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