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September 30, 2026 7:59 am
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Bitget CEO Gracy Chen urged THORChain (RUNE) not to provide services to addresses identified as belonging to hackers, according to Wu Blockchain. Chen argued decentralization should not serve as a justification for helping move stolen funds.
THORChain, meanwhile, maintains that its network is permissionless and open to anyone. When the protocol’s own vault was hacked in May, causing about $10.7 million in losses, the network was temporarily halted through automatic safeguards and a joint response by node operators. Even then, THORChain said it did not block the attacker’s addresses individually.