The furious debate over Bitget’s $387.7M of hacked funds comes down to whether ideals around “permissionless and decentralized” tech means never intervening — even if you could.
THORChain will not — or can not — block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It’s complicated, says crypto lawyer Yuriy Brisov.
The cross-chain protocol said it actively prevents stolen funds from being laundered, drawing a contrast with THORChain’s position that it does not selectively censor transactions.
Ether withdrawals are scheduled to return Tuesday and USDt on Wednesday as Bitget restores services following last week’s $388 million hack.
Key Insights: THORChain co-founder Chad Barraford has argued that a blockchain can have hundreds of validators…
Key Insights Maya Protocol halted MAYAChain on Aug. 18 after an attacker exploited six linked software flaws.…
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