THORChain rejects Bitget request to block hacker as $6 million moves to bitcoin
CoinDesk found 27 successful swaps moving about 2,390 ETH into 75.2 BTC, even as Bitget urged THORChain to stop serving addresses tied to the $387.5 million theft.
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Summary
- A wallet linked to the Bitget hacker swapped about 2,390 ether, worth $6.3 million, for 75.2 bitcoin through THORChain on Monday.
- Bitget, which lost about $388 million in a Sept. 24 breach, asked THORChain to block publicly identified attacker addresses and has offered a 5 percent bounty for freezing or recovering stolen funds.
- THORChain rejected selective blacklisting, saying its emergency controls can halt broader network activity but cannot freeze an individual address or transaction.
