🎯 THORChain Rejects Bitget’s Request to Block Hacker

CoinDesk reports that despite Bitget’s plea, THORChain allowed the transfer of $6M from ETH to BTC. 27 successful swaps moved 2,390 ETH into 75.2 BTC. This highlights the challenges in tracing and blocking illicit crypto activities. 📊

Bitget aimed to stop addresses linked to a $387.5M theft but THORChain opted not to intervene. 🛡️ The event underscores the need for vigilant risk management in decentralized exchanges.

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